In the Uruguay round of GATT negotiations, many countries took issue with the U.S. system of laws, in part because historically the U.S. Commerce Department almost always ruled in favor of the U.S. company that filed the complaint. This was related to the laws pertaining to:
A)black marketing.
B)market skimming.
C)gray marketing.
D)dumping.
E)licensing.

Question

Quizplus · Accepted Answer

The U.S. system of laws in question pertains to dumping, where a company sells goods in a foreign market at a lower price than the price they charge in their domestic market. The U.S. Commerce Department had a history of ruling in favor of U.S. companies that filed complaints related to dumping, leading to concerns among other countries during the Uruguay round of GATT negotiations.

In the Uruguay Round of GATT Negotiations, Many Countries Took