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Colomboy87 Colomboy87
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6 years ago
Prior to the Uruguay Round agreement, the GATT was criticized because
 
  A) it had no mechanism for enforcing its rules.
  B) prominent segments of world trade, including trade in agriculture and services, were not covered by GATT rules.
  C) member countries could veto GATT rulings not in their interests.
  D) All of the above.


Question 2 - ________ analysis by economists refers to the attempt to answer questions such as should a tax be imposed.
 
  A) Positive
  B) Negative
  C) Normative
  D) Investigative


Question 3 - It is more certain how expansionary monetary policy will affect the current account than how expansionary fiscal policy will affect it.
 
  Indicate whether the statement is true or false


Question 4 - High-income industrial nations such as the United States and Japan tend to have their highest tariffs in
 
  A) newer, high-technology manufacturing industries.
  B) capital-intensive, diversified manufacturing.
  C) agriculture, clothing, and textiles
  D) Both A and B.
  E) None of the above.
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apyattapyatt
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6 years ago
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Colomboy87 Author
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#2
6 years ago
TYVM
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#3
6 years ago
no worries, happy to help out
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