One of the reasons that protectionist pressures arose around the world during the 1980s was:

Question

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During the 1980s and early 1990s,the world trading system erected by the GATT came under strain as pressures for greater protectionism increased around the world.One of the reasons for this was that many countries found ways to get around GATT regulations.Bilateral voluntary export restraints,or VERs,circumvent GATT agreements,because neither the importing country nor the exporting country complain to the GATT bureaucracy in Geneva-and without a complaint,the GATT bureaucracy can do nothing.

One of the Reasons That Protectionist Pressures Arose Around the World