The General Agreement on Tariffs and Trade (GATT)and Its Successor,the

Multiple Choice

The General Agreement on Tariffs and Trade (GATT) and its successor,the World Trade Organization (WTO) :

A) have been based upon the principle that trade policies of member countries do not need to treat all other members equally
B) have led to significant increases in trade barriers among member countries since World War II
C) have allowed for limited forms of trade retaliation if disputes among member countries cannot be settled in other ways
D) have had little effect on member countries' trade policies
E) have worked primarily through changes in nontariff barriers rather than tariff barriers to trade\