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Which of the Following Is True of the GATT

Question 1

Multiple Choice

Which of the following is true of the GATT?


A) The U.S, U.K, and Germany were the original signatories of the GATT.
B) The original agreement provided a process to increase the required tariffs.
C) Member nations seek to resolve their trade disputes unilaterally.
D) The GATT panels have enforcement powers apart from advisory powers.
E) It created an agency to serve as watchdog over world trade.

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