Which of the Following Is Not a Component of the Uruguay

question 128

Multiple Choice

Which of the following is not a component of the Uruguay Round agreement?

• A) GATT rules will be much clearer and stronger
• B) GATT fair trade and market access rules will be extended to cover a wider range of services
• C) agricultural subsidies will be substantially reduced
• D) tariffs on industrial goods will be increased by more the one-half
• E) GATT rules will provide more protection against piracy

---

Definitions:

Business Activities

Operations, tasks, or functions that a company engages in as part of its pursuit of economic gain.

Congress

A bicameral legislative body in the federal government of the United States consisting of the Senate and the House of Representatives responsible for making national laws.

Ethics

Ethics refers to the moral principles that govern a person's or group's behavior, guiding what is right and wrong.

Cash Distributed

The act of disbursing or paying out cash from a company to its stakeholders, such as dividends to shareholders or payments to suppliers.