Bilateral Voluntary Export Restraints,or VERs,circumvented GATT Agreements,because

question 143

Multiple Choice

Bilateral voluntary export restraints,or VERs,circumvented GATT agreements,because:

• A)these nations withdrew their membership to the GATT.
• B)the member nations had ceased to recognize GATT as a regulatory body for international trade.
• C)VERs were not a recognized trade barrier under the GATT constitution.
• D)neither the importing country nor the exporting country complained to the GATT bureaucracy.

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Definitions:

Contact Lenses

Slim optical devices worn directly on the eye to enhance sight or for aesthetic reasons.

Clean Gloves

Clean gloves are medical-grade gloves that have been sanitized but not necessarily sterile, used for procedures that require hygiene but do not involve contact with sterile areas of the body.

Electronic Device

A device that uses electrical energy to perform a function, ranging from simple to complex, like smartphones or medical equipment.

Amplifies Sound

The action of increasing the volume or intensity of sound waves, making sounds louder or more audible.