Question

Which best characterizes the role of the general agreement on tariffs and trade?

A. Works to increase world trade and raise tariffs.

B. Aims to decrease world trade and abolish tariffs.

C. Helps to increase world trade and lower tariffs.

D. Tries to eliminate world trade increased tariffs.

Answer 1

I believe that it is: helps to increase world trade and lower tariffs.

found on a quizlet

Answer 2

1. Technology has created ties among nations.
2. Economic reforms in China led to increased foreign investment.
3. It introduces people to new ideas and improves technology.
4. Powerful Western capitalist economies often take advantage of weaker developing nations.
5. They encourage the free exchange of goods and services.
6. Helps to increase world trade and lower tariffs.
7. They benefit from jobs provided by multinational corporations.
8. Businesses send jobs to companies in other countries with competitively low wages.
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