Since World War II,GATT Has Been Responsible for Reducing the Average

question 35

Multiple Choice

Since World War II,GATT has been responsible for reducing the average tariff among member countries from about

• A)40 percent to about 5 percent.
• B)40 percent to about 20 percent.
• C)80 percent to about 20 percent.
• D)20 percent to about 10 percent.

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Definitions:

Golf Shop

A retail store specializing in selling golf equipment, apparel, and accessories for golfers.

Canned Food Drives

Organized collections of non-perishable food items, typically canned goods, donated to support those in need, such as the less fortunate or disaster victims.

Sustainability Critical

Pertains to essential considerations in ensuring that business operations are environmentally sustainable and do not deplete natural resources.

Emerging Market

An Emerging Market is a country with some characteristics of a developed market but does not meet standards to be termed as such, often marked by economic growth and investment potential.