The "escape clause" of the GATT agreement derives its name from the fact that:
A) it allows a country to escape from having trade disputes settled by GATT guidelines
B) it permits a country to escape from its previously negotiated tariff obligations.
C) it permits a country to be relieved of having to make its balance of payments obligations for a short period of time.
D) none of the above.
B
You might also like to view...
Shares may be issued with: ______
A) no rights to dividends or profits. B) no par value. C) have a fractional interest in the total property of the corporation no book value. D) specific interest in corporate property.
Which of the following is used when more than one choice may be selected?
A) check box B) sliders C) drop-down list box D) list box E) radio button
In UML, an attribute that is accessible only by methods of its entity class is said to be ________
A) private B) exclusive C) protected D) public
Under the alternative method for accounting for unearned revenue, which of the following pairs of journal entry formats is correct?
A.
| Initial Entry | Adjusting Entry |
| Cash | Unearned Revenue |
| Unearned Revenue | Cash |
B.
| Initial Entry | Adjusting Entry |
| Cash | Consulting Revenue |
| Unearned Revenue | Unearned Revenue |
C.
| Initial Entry | Adjusting Entry |
| Cash | Consulting Revenue |
| Consulting Revenue | Unearned Revenue |
D.
| Initial Entry | Adjusting Entry |
| Consulting Revenue | Unearned Revenue |
| Cash | Consulting Revenue |
E.
| Initial Entry | Adjusting Entry |
| Cash | Unearned Consulting Revenue |
| Unearned Consulting Revenue | Consulting Revenue |