Which of the Following Is One of the Trade Liberalizations

question 58

Multiple Choice

Which of the following is one of the trade liberalizations proposed by the World Trade Organization (WTO) ?

• A)better use of strategic trade policy
• B)more widespread use of diversification-for-stability as the case for protection
• C)increase in the use of quotas to replace tariffs to improve economic efficiency.
• D)reduction in agricultural subsidies that distort trade.

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Definitions:

Memory

The cognitive process of encoding, storing, and retrieving information.

Psychologist

A professional specializing in the study and treatment of mental processes and behaviors through scientific methods and therapeutic techniques.

Source Amnesia

A memory disorder where a person can recall certain information but is unable to remember how or where they came to know it.

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Data that are processed, organized, or structured in a given context to give it meaning or value.