The General Agreement on Tariffs and Trade Is an International

question 99

Multiple Choice

The General Agreement on Tariffs and Trade is an international agreement

• A) that outlaws all tariffs but permits quotas.
• B) to encourage world trade by lowering tariffs and other trade barriers.
• C) to encourage world trade by lending resources to developing countries.
• D) between the United States and Japan that has never been ratified, resulting in several trade wars with Japan.

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