After the Implementation of the Tariff Reductions Agreed to in the Uruguay

question 1

Multiple Choice

After the implementation of the tariff reductions agreed to in the Uruguay Round of Multilateral trade negotiations, the average level of tariffs in developed countries was __________.

• A) 0 percent
• B) between 0 percent and 5 percent
• C) between 5 percent and 10 percent
• D) greater than 10 percent

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Definitions:

Coracoid Process

A small hook-like structure on the shoulder blade that serves as an attachment point for muscles and ligaments.

Medial Malleolus

The bony prominence on the inner side of the ankle, formed by the lower end of the tibia.

Tibia

The larger and stronger of the two bones in the lower leg, commonly referred to as the shinbone.

Fibula

A thin, elongated bone situated on the outer aspect of the tibia, within the lower portion of the leg.