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Which of the Following Statements About the GATT Is True

Question 25

Multiple Choice

Which of the following statements about the GATT is true?


A) Services and agriculture were the main areas covered by GATT.
B) It began as a set of rules for settlement of disputes in domestic trade.
C) It was designed to operate by consensus.
D) Over time, it evolved into an institution that focused on increasing the prevailing low tariffs.

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