Wholly Wool's President claims the United States is in violation of GATT because of the improper restriction on the amount of lambswool that can be imported.Is he correct?
A) Yes,because the quantitative restriction was made for national economic reasons
B) No,because the U.S.is entitled to tax like goods.
C) Yes,because GATT prohibits all restrictions on importation of domestic animal products.
D) No,because GATT allows quantitative restrictions that have a rational basis.
E) No,because the goods are also produced in the United States.
Correct Answer:
Verified
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