The Establishment of GATT Resulted in

question 11

Multiple Choice

The establishment of GATT resulted in

• A)lower tariff rates
• B)increased tariff rates
• C)decreases in total world trade
• D)increased protectionism
• E)a rise in the price of imports

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Definitions:

Culture, Leadership, and Organizations

This term refers to the study of how cultural norms and values, leadership styles, and organizational structures interact and influence each other.

GLOBE Study

A research project aiming to understand cultural influences on leadership and organizational practices across different nations.

House Et Al.

Refers to the researchers behind the Path-Goal Theory of leadership which suggests that a leader's behavior is contingent to the satisfaction, motivation, and performance of their subordinates.

Hofstede's Five Dimensions

A framework for understanding cultural differences across countries, based on five dimensions: power distance, individualism vs. collectivism, masculinity vs. femininity, uncertainty avoidance, and long-term orientation vs. short-term orientation.