Perhaps the Most Important Accomplishment of the Uruguay Round of GATT

question 91

Multiple Choice

Perhaps the most important accomplishment of the Uruguay round of GATT talks was the establishment of the __________.

• A)World Trade Organization
• B)Asian Development Bank
• C)World Bank
• D)International Monetary Fund
• E)International Finance Corporation

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Definitions:

Relevant Cash Flows

Cash flows that will only occur as a result of undertaking a project or investment.

Financial Perspective

An viewpoint emphasizing the importance of managing a company's financial resources wisely to ensure its long-term success and stability.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency of a company in managing its expenses and profits.

Required Accounting Return

The minimum return that a company needs to achieve on its investments based on accounting principles, to satisfy stakeholders or internal benchmarks.