Author Question: The Smoot-Hawley Act ________. A) lowered tariffs to encourage trade B) raised tariffs to ... (Read 160 times)

bucstennis@aim.com · **on:** Jul 7, 2018

The Smoot-Hawley Act ________.

A) lowered tariffs to encourage trade
B) raised tariffs to protect domestic industries
C) designated the International Trade Organization as an independent party in trade negotiations
D) required that countries treat each other on a nondiscriminatory basis and outlawed unfair trading practices

Question 2

European MNCs are more likely to follow an ethnocentric approach to staffing than either Japanese or U.S. firms.

Indicate whether the statement is true or false