Author Question: In 1994 Congress rejected a new trade agreement among 124 nations to replace GATT with a more ... (Read 68 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
In 1994 Congress rejected a new trade agreement among 124 nations to replace GATT with a more powerful World Trade Organization (WTO), with power to act as a global referee to resolve international trade disputes.
 
  Indicate whether the statement is true or false

Question 2

In 1947 the United States and other nations signed the General Agreement on Tariffs and Trade (GATT), which provided a formal framework for international tariff reductions.
 
  Indicate whether the statement is true or false



stano32

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

False

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library