Trade Measures Are Usually Not the Best Way of Addressing

question 71

Multiple Choice

Trade measures are usually not the best way of addressing problems such as pollution and child labor because

• A)it is more efficient to address these problems at the production and consumption level.
• B)trade measures are not effective in reducing pollution.
• C)the governments of high-income countries are not interested in sanctioning pollution and child labor.
• D)the WTO prohibits most trade sanctions.

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Definitions:

Implied

Understood or inferred without being stated directly.

Liquidated Damages

Liquidated damages are predetermined damages agreed upon by parties in a contract, to be paid if one party breaches the agreement.

Free-Will

The concept that humans have the ability to make choices that are not predetermined by past events or divine intervention.

Ordinary Circumstances

Conditions or situations that are considered usual or normal within a specific context or environment.