Multiple Choice
The "escape clause" of the GATT agreement derives its name from the fact that:
A) it allows a country to escape from having trade disputes settled by GATT guidelines.
B) it permits a country to escape from its previously negotiated tariff obligations.
C) it permits a country to be relieved of having to make its balance of payments obligations for a short period of time.
D) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Describe the ways in which U.S.trade legislation
Q24: All subsidies are even those that are
Q30: Antidumping and countervailing duty cases may be
Q36: Under the law of the European Union,a
Q45: To be eligible for adjustment assistance due
Q45: A provisional measure is a tariff imposed
Q47: The USTR has requested your advice on
Q49: The GATT Agreement has an escape clause
Q51: An actionable subsidy is one that:<br>A) causes
Q70: The "material injury" requirement under the U.S.unfair