A. generalized system of preference
B. countervailing duty
C. domestic content
D. safeguards
A. are abolished by the World Trade Organization
B. result in decreases in consumer surplus for domestic households
C. are imposed by industrial countries but not develog countries
D. result in lower-priced goods for domestic consumers
A. it reduces the sovereignty of member countries
B. favors free trade over the quality of the environment
C. it has no way to solve trade disputes among member countries
D. it is a puppet of multinational corporations
A. decreases, decreases
B. decreases, increases
C. increases, decreases
D. increases, increases
A. 5 radios
B. 10 radios
C. 15 radios
D. zero radios
A. decrease the level of national security
B. provide benefits to some particular industry
C. provide benefits to the entire nation
D. not yield welfare losses for the nation
A. the WTO
B. the GATT
C. the IMF
D. the World Bank
A. Nontariff barriers (NTBs) and tariffs have increased in relative importance
B. NTBs and tariffs have decreased in relative importance
C. NTBs have increased and tariffs have decreased in relative importance
D. NTBs have decreased and tariffs have increased in relative importance
A. U.S grains consumers and producers of bread
B. U.S farmers and grains companies
C. Grain Producers in foreign countries
D. Grain consumers in foreign countries
A. are prohibited by the World Trade Organization
B. affect international trade but not international financial flows
C. involve restrictions on imports, but not exports
D. involve restrictions in imports exports and or financial flows