Article XVI of the GATT ________

question 35

Multiple Choice

Article XVI of the GATT ________.

• A) allows for temporary safeguard relief from imports
• B) is the subsidies code
• C) covers antidumping and countervailing duties
• D) sets a framework for the elimination of quantitative restrictions on trade

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Definitions:

Horizontal Mergers

Mergers between companies that operate in the same industry or market level, often scrutinized for their potential to reduce competition.

Clayton Act

An antitrust law enacted in the United States to promote competition and prevent monopolies by prohibiting certain actions that could lead to anti-competitive practices.

Genetic Traits

Characteristics determined by genes inherited from parents, influencing an individual's physical and possibly behavioral attributes.

Alterations

Alterations refer to changes or modifications made to something, often to suit a particular purpose or improve it.