With respect to environmental issues, the GATT:
a. does not allow countries to adopt environmental laws that affect imports.
b. allows countries to adopt environmental laws that affect domestic production but not imports.
c. allows countries to adopt environmental laws that are applied uniformly against domestic producers and imports.
d. allows countries to adopt more stringent laws affecting imports than domestic producers.
Ans: c. allows countries to adopt environmental laws that are applied uniformly against domestic producers and imports.
You might also like to view...
The basic economic problem is:
a. inflation. b. unemployment. c. poverty. d. scarcity. e. lack of money.
In the short run, a purely competitive firm will earn a normal profit when:
A. P = AVC. B. P > MC. C. that firm's MR = market equilibrium price. D. P = ATC.
By value, a majority of the assets held by the Fed is in gold.
Answer the following statement true (T) or false (F)
If the first worker produces ten custom picture frames a day, and the second worker produces twelve additional custom picture frames a day, then diminishing marginal returns have not yet set in.
Answer the following statement true (T) or false (F)