Q
All of the following are fundamental to the World Trade Organization except ?
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A
A. Bilateral tariff reductions to promote trade liberalization
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B
B. The use of the most-favored nation clause (normal trade relations)
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C
C. Nondiscrimination in trading relationships
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D
D. The prohibition of import quotas and export quotas
Correct Answer:
A. A. Bilateral tariff reductions to promote trade liberalization
