Under GATT's Principle of __________ Tariffs,each Time Tariffs Are Reduced,they

question 54

Multiple Choice

Under GATT's principle of __________ tariffs,each time tariffs are reduced,they may not be raised again without compensation to other World Trade Organization members.

• A) absolute
• B) based
• C) bound
• D) nationalized

---

Definitions:

Resampling Method

A statistical technique involving repeated sampling from a given dataset to assess the variability of a sample statistic.

Bootstrap

A statistical method that resamples a single dataset to create many simulated samples to estimate the distribution of an estimator.

Permutation

An arrangement of all or part of a set of objects, with regard to the order of the arrangement.

Residential Properties

Properties designed for people to live in, including houses, apartments, condos, and townhomes.