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Which of the Following Is NOT True of the GATT

Question 59

Multiple Choice

Which of the following is NOT true of the GATT?


A) The United States and 22 other countries signed the GATT shortly after World War II.
B) The GATT paved the way for the first effective worldwide tariff agreement.
C) Member nations seek to resolve their trade disputes unilaterally.
D) The GATT panels are only advisory and have no enforcement powers.
E) It created an agency to serve as watchdog over world trade.

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