One of the Basic Elements of the General Agreement on Tariffs

question 50

Multiple Choice

One of the basic elements of the General Agreement on Tariffs and Trade (GATT) is that:

• A) member nations are exempt from import tariffs to other member nations.
• B) all tariffs shall be abolished among member nations by 2010.
• C) the World Court shall review all claims and make final judgments.
• D) trade shall be conducted on a nondiscriminatory basis.
• E) the United Nations Trade Agency (UNTA) shall serve as watchdog.

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Definitions:

Retrieval Cue

A stimulus, whether internal or external, that facilitates the recall of information from memory.

Memory Anchor

A technique or tool used to facilitate the process of memory recall.

Target Memory

The specific memories an individual aims to recall or improve recall for.

Long-Term Memory

The component of the memory system capable of storing vast amounts of information for periods ranging from minutes to a lifetime.