Which of the following statements regarding the 1994 Agreement on Technical Barriers to Trade is false?
A) All technical regulations shall be applied on a nondiscriminatory basis, without regard to the national origin of the products.
B) Disputes between countries may be referred to the WTO for negotiation and settlement.
C) Whenever possible, product requirements should be based on the design and descriptive characteristics of a product, rather that its performance.
D) Proposed standards must be published and made available to foreign countries.
E)All of the above are true.
C
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Under the indirect method of determining the net cash provided by operating activities on the statement of cash flows, a decrease in inventory would be added to net income.
Answer the following statement true (T) or false (F)
An offer is terminated if the subject matter of the offer is destroyed
Indicate whether the statement is true or false
In which of the following forms of business partnerships are both general and limited partners not personally liable for debts?
A) sole proprietorship B) general partnership C) master limited partnership D) limited liability limited partnership
Answer the following statements true (T) or false (F)
1. Tessa has planned a five-day trip to Miami with her husband. Before leaving, one of Tessa's partners asks her to take a morning meeting with a client while she is there. Tessa can now deduct the cost of the airfare for the trip. 2. Travel expenses related to foreign conventions are disallowed unless the meeting is directly related to the taxpayer's business, and it is reasonable for the meeting to be held outside of North America. 3. A three-day investment conference is held in Las Vegas. Dr. Singh, a dentist, travels from Ohio to attend to improve his taxable investment portfolio performance. Ms. Gondin, a financial planner, travels from Seattle to attend the same conference to improve her skills in managing her clients' investment portfolios. The same standards of deductibility will apply to both attendees. 4. Commuting to and from a job location is a deductible expense. 5. Rui, the sole proprietor of a CPA firm, is responsible for a large client base. She often drives to meetings at two different clients' offices in a single day. Rui can deduct the transportation costs of driving to the various client meetings.