The International Agreement Signed in 1947 to Promote World Trade

question 13

Multiple Choice

The international agreement signed in 1947 to promote world trade by reducing tariffs and other barriers to international trade was called

• A) GATT.
• B) NAFTA.
• C) WTO.
• D) Bretton-Woods agreement.

Understand the concept of citizenship and naturalization in the United States.

Identify the legal distinctions between different categories of aliens in the United States.

Understand the historical and legal framework of workers' compensation.

Identify the conditions under which injuries and diseases are compensable under workers' compensation.

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Definitions:

Margin Deposit

A deposit required by a broker from a client when they borrow from the broker to buy securities, serving as collateral for the loan.

Long Positions

Investing strategy where an investor buys a security with the expectation that it will increase in value.

Short Positions

An investment strategy where an investor sells borrowed securities with the intention of buying them back at a lower price to profit from a price decline.

Delivery Date

The specific date on which the delivery of the commodities, securities, or other assets is scheduled to occur in a contract.