Which of the Following Statements Is True About the Expiration

question 233

Multiple Choice

Which of the following statements is true about the expiration of the Multifiber Agreement?

• A)It benefited Sri Lanka's textile industry.
• B)It adversely affected U.S.consumers.
• C)It will likely benefit textile and apparel producers in China and Mexico.
• D)It was a setback to the promotion of free trade.
• E)It will result in more quota rents being transferred to foreign producers.

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