Which of the Following Assertions Is Not Correct About the Multilateral

question 9

Multiple Choice

Which of the following assertions is not correct about the multilateral approach to free trade?

• A)The multilateral approach has the potential to result in freer trade than does the unilateral approach.
• B)The multilateral approach may have a political advantage over the unilateral approach.
• C)The multilateral approach is simpler than the unilateral approach.
• D)NAFTA and GATT both represent multilateral approaches to free trade.

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Definitions:

Metals

Elements that typically have a shiny surface and can conduct electricity and heat efficiently.

Electromagnet

A type of magnet in which the magnetic field is produced by an electric current, which can be turned on or off.

AC Line

A conductor or conductors that carry alternating current (AC) electricity from the power source to the load.

Demagnetized

The state of a magnetic material where it has lost its magnetization, either partially or completely.