Question

General Agreement on Tariffs and Trade (GATT)

a.

is an accord reached between 100 countries in 1980

b.

reduced some tariffs by 80 percent on average

c.

removed some tariffs over a five- to ten-year period

d.

made more progress on reducing tariffs in service industries than in manufacturing industries

Posted under Financial Markets and Funds Financial Management and Financial Markets

Answer: (c).removed some tariffs over a five- to ten-year period

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Q. General Agreement on Tariffs and Trade (GATT)
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