Multiple Choice
The ____, an accord among 117 nations, called for lower tariffs around the world.
A) General Agreement on Tariffs and Trade (GATT)
B) North American Free Trade Agreement (NAFTA)
C) Single European Act of 1987
D) European Union Accord
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q12: An increase in the use of quotas
Q15: A balance-of-trade surplus indicates an excess of
Q40: Japan's annual interest rate has been relatively
Q44: Over the last several years, international trade
Q63: Direct foreign investment into the U.S. represents
Q66: The balance of payments is a measurement
Q68: The World Bank frequently enters into cofinancing
Q69: Outsourcing allows some MNCs to reduce costs
Q70: The capital account reflects changes in country
Q71: Portfolio investments represent transactions involving long-term financial