Which of the Following Statements Is NOT True Regarding Trade

question 1

Multiple Choice

Which of the following statements is NOT true regarding trade policy?

• A) The U.S. trade deficit is at an all-time low because of free-trade policies.
• B) Current U.S. trade policy leans more toward free trade than protectionism.
• C) Labor supports protectionist trade policies.
• D) Alexander Hamilton was a strong proponent of protectionist trade policies.
• E) The WTO supports free-trade policies.

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Definitions:

Federal Law

Legislation enacted by the national government or Congress of a country. In the United States, these laws apply to all states.

Clean Air Act

A comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to protect public health and the environment.

Stationary Sources

Fixed sites or facilities that emit pollutants into the air, such as power plants, manufacturing facilities, and refineries.

Emission Reduction

The process of lessening the quantity of pollutants released into the atmosphere, often to combat environmental issues like climate change.