The General Agreement on Tariffs and Trade is
A) a multilateral agreement dating back to the 1940s that,through numerous rounds of trade negotiations,led to reduced tariffs and quotas among many countries.
B) a multilateral agreement dating back to the 19th century that led to increased tariffs and quotas among many countries.
C) the 1994 agreement between Canada,the United States,and Mexico to eliminate tariffs and other trade restrictions between the countries.
D) the 1957 agreement between the countries of the European Economic Community to eliminate tariffs and other trade restrictions between the countries and to agree to a common set of trade barriers to imports from outside countries.
E) the 1991 agreement involving Argentina,Brazil,Paraguay,and Uruguay to eliminate tariffs and other trade restrictions between the countries.
Correct Answer:
Verified
Q101: A regional trade agreement is
A) a document
Q102: A multilateral agreement is a(n)
A) agreement between
Q103: The major international institutions affecting finance and
Q104: A free trade area is an agreement
Q105: The General Agreement on Tariffs and Trade
Q107: An agreement that aims to reduce restrictions
Q108: A customs union is an agreement that
Q109: A document signed by representatives of many
Q110: The practice of discouraging both export subsidies
Q111: In the context of international trade,fair treatment
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