Which of the Following Best Explains the Reason for the Rise

question 87

Multiple Choice

Which of the following best explains the reason for the rise in protectionist pressures around the world during the 1980s?

• A)strict GATT bureaucracy in Geneva controlling trade regulations
• B)opening up of international markets to cheap products from China
• C)fall of the Soviet Union
• D)persistent trade deficit in the world's largest economy,the United States
• E)economic failure of Japan which hampered the global economy

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Definitions:

Deferral Period

A set period during which payments of principal or interest on a loan are temporarily delayed.

Perpetual Scholarship

A scholarship fund that provides financial aid indefinitely, usually through an endowment that generates interest used to fund the scholarship.

Compounded Monthly

This refers to the calculation and addition of interest to the principal sum of a loan or deposit on a monthly basis.

Equal Monthly Payments

Fixed payments made every month, as in a loan or mortgage, ensuring that the loan is paid off over a specified period.