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Author Question: The General Agreement on Trade in Services (GATS) initially covered which industry? a. Retailing c. ... (Read 67 times)

bucstennis@aim.com

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on: Jun 29, 2018
The General Agreement on Trade in Services (GATS) initially covered which industry?
 a. Retailing c. Banking
  b. Franchising d. Manufacturing

Question 2

Which type of currency is accepted for payment by any international seller?
 a. Hard currency c. Pegged currency
  b. Soft currency d. Swing credits


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Mollythedog

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C
Although retailing and franchising are service industries, the GATS initially covered banking, securities, and insurance. Manufacturing is not a service industry. This may be found in the International Trade and Development Organizations section (3-3b).

Answer to Question 2

A
Hard currency is currency that is accepted for payment by any international seller. Soft currency is currency that is kept at a high artificial exchange rate and is controlled by the national government.


bucstennis@aim.com

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

laurnthompson

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Reply 3 on: Yesterday
:D TYSM

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