Which of the Following Is a Comprehensive Multilateral Trading System

question 49

Multiple Choice

Which of the following is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

• A) The International Agreement on Nontariffs and Trade
• B) The World Trade Organization Agreement
• C) The General Agreement on Tariffs and Trade
• D) The North and South American Free Trade Agreement
• E) The European Free Trade Agreement

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Definitions:

Nearsightedness

A common vision condition where one can see objects near to them clearly, but objects farther away are blurry. Also known as myopia.

Farsightedness

A vision condition where distant objects are seen more clearly than near objects due to the shape of the eyeball.

Cataracts

Condition where the lens of the eye becomes opaque, preventing the transmission of light to the retina.

Conduction Deafness

Hearing loss caused by problems in transmitting sound waves through the outer ear, eardrum, or middle ear.