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Under the Reciprocal Trade Agreements Act,the President Has the Power

Question 49

True/False

Under the Reciprocal Trade Agreements Act,the President has the power to lower an existing tariff on an imported product from Country A.On the basis of reciprocity,Country A need not lower the tariff on that same product imported from the U.S.but must lower tariffs on some product imported from the U.S.

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