A Possible Outcome of the Multilateral Approach to Free Trade

question 5

Multiple Choice

A possible outcome of the multilateral approach to free trade is that such an approach can

• A)win political support when a unilateral approach cannot.
• B)result in more restricted trade than under a unilateral approach,when international negotiations fail.
• C)result in drastic reductions in tariffs for many countries.
• D)All of the above are correct.

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Definitions:

Wants and Needs

Desires (wants) are wishes or aspirations not necessary for survival, whereas needs are essential for basic human survival.

Unobtrusive Measure

A method of gathering data without affecting or alerting the subjects, ensuring behaviors remain natural and unperturbed.

Qualitative Approach

A research strategy focused on understanding phenomena through detailed observation, interviews, and analysis of participants' perspectives and behaviours.

Summer Event

A specific activity or gathering that occurs during the summer season, often characterized by outdoor, recreational, or cultural elements.