Which of the Following Statements Regarding Technical Barriers to Trade

question 55

Multiple Choice

Which of the following statements regarding technical barriers to trade is false?

• A) Despite decades of work by the European Union, thousands of new national standards have arisen.
• B) Japan and the United States have had a long history of disputes over Japanese technical barriers to trade.
• C) Most standard setting in the European Union takes place through the European Committee for Standardization.
• D) Japanese technical regulations and standards are readily available to importers and exporters.
• E) All of the above are true.

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Definitions:

Jointly Controlled Operation

A joint operation where the parties that have joint control of the operation have rights to the assets, and obligations for the liabilities, relating to the arrangement.

Cash Position

A company's total cash and liquid assets minus its liabilities.

Joint Venturer

is an entity that engages in a joint venture, sharing control, resources, and risks with other ventures.

One-Line Method

A method used in accounting to consolidate a parent company's investment in a subsidiary when only a minority interest is owned.