Which of the Following Trade Agreements Took Effect in 1994

question 193

Multiple Choice

Which of the following trade agreements took effect in 1994 and, over a 15- year period, will eliminate all tariffs and other trade barriers between its members?

• A) Asian Pacific Economic Cooperation
• B) GATT
• C) North American Free Trade Agreement
• D) World Trade Organization

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Definitions:

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives, based on preferences, values, and the assessment of possible outcomes.

Shared Mental Model

A cognitive framework shared among members of a team or group that facilitates common understanding and coordination.

Primed Goal Orientation

A psychological state induced by external cues that activates a specific goal-driven behavior or mindset in an individual.

Cross-cueing

A cognitive strategy in which information from one source is used to retrieve or interpret information from another, often used in learning and memory.