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Complete the Following Using the Terms Listed

Question 1

Multiple Choice

Complete the following using the terms listed.
-_____monitors agreements among General Agreement on Tariffs and Trade (GATT) member nations,mediates disputes,and works to reduce trade barriers throughout the world.


A) offshoring
B) balance of trade
C) joint venture
D) Dumping
E) Imports
F) tariff
G) International Monetary Fund
H) World Trade Organization
I) free trade area
J) Devaluation
K) exchange rate
L) absolute advantage
M) global business strategy
N) Quota
O) multidomestic strategy
P) balance of payments
Q) comparative advantage

Correct Answer:

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