menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today
  4. Exam
    Exam 16: Comparative Advantage and the Open Economy
  5. Question
    The Uruguay Round of GATT Talks Resulted in
Solved

The Uruguay Round of GATT Talks Resulted in

Question 87

Question 87

Multiple Choice

The Uruguay round of GATT talks resulted in


A) reducing trade barriers and tariffs.
B) increasing trade barriers and tariffs.
C) lowering some trade barriers but increasing tariffs.
D) no changes in tariffs or trade barriers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q54: A tariff is<br>A) a subsidy on domestically

Q82: The principle of comparative advantage essentially states

Q83: Mike and Mary each produce two goods.According

Q84: In general,higher imports-to-GDP ratios are more likely,the<br>A)smaller

Q85: List and explain fully the arguments against

Q86: Specialization can lead to an increase in

Q89: Import restrictions<br>A)can protect Canadian jobs in the

Q90: If Jane is five times more productive

Q148: Comparative advantage is defined as<br>A) producing all

Q275: Given two economic systems, A and B,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines