As a result of the Uruguay Round, average tariffs fell to _____ of the value of imports.
A) 40 percent
B) 20 percent
C) 10 percent
D) 6 percent
E) 4 percent
Correct Answer:
Verified
Q127: The World Trade Organization (WTO) _
A) requires
Q128: When GATT began in 1947, average tariffs
Q129: The World Trade Organization (WTO) _
A) members
Q130: The General Agreement on Tariffs and Trade
Q131: Originally, GATT members had agreed to three
Q133: The establishment of GATT resulted in _
A)
Q134: Which of the following statements is true
Q135: The Uruguay Round created _
A) the International
Q136: The largest regional trading bloc is the
A)North
Q137: Which of the following is a difference
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