Which of the Following Was Not One of the Principles

question 239

Multiple Choice

Which of the following was not one of the principles on which the General Agreement on Tariffs and Trade (GATT) was established?

• A) the elimination of import quotas
• B) equal, nondiscriminatory trade treatment for all member nations
• C) the formation of international trade contracts to alleviate global poverty
• D) the reduction of tariffs by multilateral negotiations

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Definitions:

Stare Decisis

A legal principle that obligates courts to follow historical cases when making a ruling on a similar current or future case.

Federal Court Decisions

Judicial rulings made by federal courts, including district courts, appellate courts, and the Supreme Court of the United States.

Commerce Clause

The Commerce Clause is a provision in the U.S. Constitution granting Congress the power to regulate trade and commerce among the states, with foreign nations, and with Native American tribes.

Federal Government

The governing body of a nation, state, or community that operates at the national level, making and enforcing laws over a certain territory.