A Principal Objective of the World Trade Organization Is to

question 136

Multiple Choice

A principal objective of the World Trade Organization is to

• A)Protect import-competing producers.
• B)Equalize income tax structures in various countries.
• C)Assist in retraining workers displaced by imports.
• D)Reduce barriers to trade.

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Definitions:

Percent Frequency Distribution

A tabular summary of data showing the percentage of observations in each of several nonoverlapping classes.

Bar Chart

A graphical device for depicting categorical data that have been summarized in a frequency, relative frequency, or percent frequency distribution.

Pie Chart

A graphical device for presenting data summaries based on subdivision of a circle into sectors that correspond to the relative frequency for each class.

Sick Leave

Authorized absence from work due to illness.