What GATT Provision Did the United States Use to Justify

question 99

Multiple Choice

What GATT provision did the United States use to justify levying tariffs on tire imports in fall 2009?

• A) antidumping duties
• B) export subsidization
• C) safeguard clause
• D) national security

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Definitions:

Merchandising Companies

Businesses that purchase goods and resell them at a higher price without modifying the original products.

Managers

Individuals responsible for administering and controlling part or all of a company's operations.

Company's Goals

Objectives or targets that a company aims to achieve over a certain period of time.

Capital Expenditures Budget

A financial plan that allocates funds for the purchase and maintenance of long-term assets to enhance or expand the business operations.