Which of the Following Was NOT Among the Basic Objectives

question 4

Multiple Choice

Which of the following was NOT among the basic objectives established by the General Agreement on Tariffs and Trade (GATT) ?

• A) nondiscrimination in trade matters
• B) elimination of regulatory barriers to trade
• C) imposition of nontariff trade barriers
• D) negotiation of trade conflicts with one another
• E) removal of special taxes on imported goods

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Definitions:

Criterion

A standard or principle by which something is judged or decided, used as a basis for comparison.

Cultures

The sum total of ways of living built up by a group of human beings, transmitted from one generation to another.

Financially Independent

Being in a condition where one possesses enough personal wealth to sustain oneself without the need to engage in active labor for essential needs.

Socioeconomic Status

An assessment of a person's or family's financial and societal status compared to others, determined by their earnings, level of education, and employment.