The "Escape Clause" of the GATT Agreement Derives Its Name

question 42

Multiple Choice

The "escape clause" of the GATT agreement derives its name from the fact that:

• A) it allows a country to escape from having trade disputes settled by GATT guidelines.
• B) it permits a country to escape from its previously negotiated tariff obligations.
• C) it permits a country to be relieved of having to make its balance of payments obligations for a short period of time.
• D) none of these are correct.

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