Multiple Choice
How did GATT prevent the repeat of the economic disaster that occurred after World War I?
A) It provided short-term loans to struggling nations.
B) It promoted dumping policies to allow stronger ties between member nations.
C) It fostered isolationism for nations that were market leaders.
D) It provided for a third party, the United Nations, to negotiate peace treaties.
E) It provided a forum for member countries to negotiate a reduction of tariffs and other barriers to trade.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: It is mandatory for importers who want
Q24: The United States has placed a limit
Q25: An exchange permit can stipulate the<br>A) quantity
Q26: After World War II, the United States
Q27: The decisions taken by the World Trade
Q29: What legislative decision was designed to primarily
Q30: The Omnibus Trade and Competitiveness Act of
Q31: Which of the following falls on the
Q32: The GATT panels were formed to resolve
Q33: Why was the International Monetary Fund (IMF)