From the late 1940s until the creation of the WTO, the organization that was primarily responsible for conducting rounds of trade negotiations was the
A) World Bank.
B) IMF.
C) United Nations.
D) GATT.
D
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Public finance is the subdiscipline of economics that studies the various ways in which
A. governments may regulate and promote the stability of the financial sector. B. firms in the financial sector provide services to households and firms. C. governments raise and expend money. D. the general public acquires financing for their purchases.
At prices above the equilibrium price, what occurs?
What will be an ideal response?
During 2005, the tax rate on the top income bracket in the U.S. tax system was _____
a. 28 percent b. 31 percent c. 35 percent d. 39 percent
Which of the following policy changes would lead to a decrease in the real interest rate and an increase in investment and saving?
a. a larger investment tax credit b. an expansion of eligibility for Individual Retirement Accounts c. an increase in income-tax rates, with no change in the government budget deficit or surplus d. an increase in government purchases, with no change in taxes