Which of the Following Is a Trade Policy Instrument That

question 24

Multiple Choice

Which of the following is a trade policy instrument that the GATT and WTO have been most successful in limiting?

• A)local content requirements
• B)tariffs
• C)subsidies
• D)voluntary export restraints
• E)import quotas

---

Definitions:

Bilateral Funding

Financial support provided by one country to another, or by a country to an international organization, aimed at supporting economic development or relief efforts.

World Bank

A worldwide economic entity that supplies loans and funding to the administrations of developing countries to facilitate the completion of significant infrastructure projects.

Donor Countries

Nations that provide financial or material aid to other countries for development, relief efforts, or economic assistance.

International Loans

Loans that are made across national borders, often involving different currencies and international financial institutions.