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    Exam 7: Comparative Advantage and the Gains From International Trade
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    In 1995 ________, Which Was Established in 1948, Was Replaced
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In 1995 ________, Which Was Established in 1948, Was Replaced

Question 55

Question 55

Multiple Choice

In 1995 ________, which was established in 1948, was replaced by ________.


A) the GATT; the WTO
B) the WTO; NAFTA
C) the Smoot-Hawley Act; the GATT
D) NAFTA; the Smoot-Hawley Act

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