The WTO Was Created in 1947 to Reduce Tariffs Through

question 41

True/False

The WTO was created in 1947 to reduce tariffs through continuous negotiations among member nations.

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Definitions:

Economic Concerns

Issues related to the health and functioning of an economy, including inflation, unemployment, and GDP growth.

Distribution

The spread of values within a dataset or the pattern showing how often each value occurs.

Chi-square Test

A statistical test used to determine if there is a significant difference between observed and expected frequencies in one or more categories.

Null Hypothesis

A default hypothesis that there is no effect or no difference, and it is assumed true until evidence indicates otherwise.