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The Trade Adjustment Assistance Act of 2002

Question 120

Multiple Choice

The Trade Adjustment Assistance Act of 2002:


A) enacts temporary tariffs to enable firms hurt by foreign competition to transition to new industries or improve their international competitiveness.
B) subsidizes firms for a maximum of two years as they try to establish themselves in foreign markets.
C) provides price supports on domestically produced goods for up to 52 weeks.
D) provides financial help for up to 78 weeks for workers displaced by imports or plant relocations abroad.

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