All of the Following Are Responsible for the Removal of the Formal

question 46

Multiple Choice

All of the following are responsible for the removal of the formal trade barriers except

• A)the sustained efforts of the trading partners themselves.
• B)the General Agreement on Tariffs and Trade (GATT).
• C)the World Trade Organization (WTO).
• D)regional trade agreements such as NAFTA.
• E)the World Bank and the IMF.

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Definitions:

Cyclohexane

A cycloalkane with the molecular formula C6H12, it is a colourless, volatile liquid with a distinct odor, primarily used as a nonpolar solvent.

Molecular Formula

A notation that uses chemical symbols and numbers to represent the types and quantities of atoms in a molecule.

Cyclooctane

Cyclooctane is a cyclic hydrocarbon with the molecular formula C8H16, featuring eight carbon atoms connected in a ring.

Organic Solvent

A solvent containing carbon that is used to dissolve other substances; it is an essential part of many chemical processes because it can dissolve many organic compounds.