Bilateral voluntary export restraints,or VERs,circumvented GATT agreements,because:
A) these nations withdrew their membership to the GATT.
B) the member nations had ceased to recognize GATT as a regulatory body for international trade.
C) VERs were not a recognized trade barrier under the GATT constitution.
D) neither the importing country nor the exporting country complained to the GATT bureaucracy.
Correct Answer:
Verified
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