Which of the following acts was designed to deal with trade deficits, protectionism, and the overall fairness of our trading partners?
A) The World Trade Organization Act
B) The Omnibus Trade and Competitiveness Act of 1988
C) The League of Nations Act of 1920
D) The Hawley-Smoot Tariff Act of 1930
E) The International Monetary Fund Act

Question

Quizplus · Accepted Answer

The Omnibus Trade and Competitiveness Act of 1988 is many faceted, focusing on assisting businesses to be more competitive in world markets as well as on correcting perceived injustice in trade practices.

Which of the Following Acts Was Designed to Deal with Trade