Three Particularly Noteworthy Principles of GATT Are

question 7

Multiple Choice

Three particularly noteworthy principles of GATT are

• A) environmental sustainability,human rights,and labour standards.
• B) environmental sustainability,national treatment,and fair competition.
• C) most-favoured nation treatment,national treatment,and fair competition.
• D) most-favoured nation treatment,human rights,and labour standards.
• E) most-favoured nation treatment,human rights,and fair competition.

---

Definitions:

Real Interest Income

The income from interest after adjusting for inflation, reflecting the true purchasing power of interest earnings.

Nominal Interest Income

The income earned from investments or savings before adjusting for inflation, expressed in the current currency.

Money Supply

The sum quantity of financial assets in an economy at a particular instant.

Creditors

Individuals or institutions that lend money or extend credit to others, expecting repayment in the future.