What Is the Purpose of the General Agreement on Tariffs

question 78

Multiple Choice

What is the purpose of the General Agreement on Tariffs and Trade (GATT) ?

• A) To devalue currencies and limit cross-border movement of funds.
• B) To overcome shortages of private capital to make loans for rebuilding war-torn nations.
• C) To raise the cost of imports,making them less competitive with similar domestic goods.
• D) To expand trade by eliminating discriminatory barriers.

---

Definitions:

IrDA

Short for Infrared Data Association, a group that created standards for transmitting data via infrared light waves, enabling wireless communication between devices.

Wireless Network Key

A password or security code used to authenticate and grant access to a wireless network, protecting it from unauthorized use.

Encrypted Wireless Network

An encrypted wireless network uses cryptographic methods to secure data transmitted over wireless connections, protecting it from unauthorized access.

Encryption Code

A sequence of algorithms and keys used to encrypt and decrypt data, ensuring its confidentiality and security during transmission or storage.