Which of the following is NOT an important provision of GATT?
A) the most favored nation clause
B) the safeguard provision or escape clause
C) antidumping tariffs
D) approval of export subsidies
Correct Answer:
Verified
Q21: Consumer surplus is:
A) the difference between the
Q22: China is now a member of the
Q23: The difference between the price consumers are
Q24: One interpretation of producer surplus is that
Q25: (Figure: Consumer Surplus) When the price of
Q27: A free-trade area is defined as:
A) a
Q28: When consumers are able to buy a
Q29: GATT maintained a provision that nations could
Q30: A customs union is different from a
Q31: Producer surplus is:
A) the difference between the
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