Question

(p. 404) What is the purpose of the General Agreement on Tariffs and Trade (GATT)?
A. To devalue currencies and limit cross-border movement of funds.
B. To overcome shortages of private capital to make loans for rebuilding war-torn nations.
C. To raise the cost of imports, making them less competitive with similar domestic goods.
D. To expand trade by eliminating discriminatory barriers.

Answer

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