Through the U

question 57

Multiple Choice

Through the U.S. Generalized System of Preferences (GSP) , developing countries may export goods duty-free to the United States if they ________.

• A) demonstrate progress toward protecting the natural environment
• B) demonstrate progress toward improving the rights of their workers
• C) agree to exempt U.S. imports from local content rules
• D) belong to the World Trade Organization (WTO)
• E) participate in a reciprocal free trade zone

Understand the implications of contractual promises on legal obligations.

Evaluate the enforceability of contracts based on the sufficiency of consideration.

Distinguish between bilateral and unilateral contracts through the lens of consideration.

Comprehend the concept and types of contracts implied by the consideration provided.

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Definitions:

Cardinal Principle

A basic principle or rule that serves as the foundation for a system of belief or behavior.

Counting

The action of determining the total number of objects in a collection.

Gelman

Refers to the research and contributions of Rochel Gelman, especially regarding cognitive development in children, including concepts of counting and mathematics.

Abstraction

Abstraction in psychology and cognitive science refers to the process of extracting the underlying essence or general patterns from specific examples or experiences.