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Most Scholars Argue That the Reciprocal Trade Agreements Act (RTAA)of

Question 7

Multiple Choice

Most scholars argue that the Reciprocal Trade Agreements Act (RTAA) of 1934


A) delegated the President the authority to increase tariffs in exchange for equivalent concessions from foreign governments.
B) authorized the Congress to reduce tariffs in exchange for equivalent concessions from foreign governments.
C) transformed the large heterogeneous group favoring liberalization into smaller groups of export-oriented industries that could more easily organize.
D) transformed the smaller homogeneous group favoring protectionism into larger groups of export-oriented industries that could more easily organize.
E) transformed the smaller homogeneous group favoring liberalization into larger groups of export-oriented industries that could more easily organize.

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