Reduction of tariff barriers under GATT and WTO

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Because of the reduction of tariff barriers under GATT and WTO, the GDP of the United States since 1947 has been

lower.

inconsistent.

higher.

minimally lower.

stayed the same.

One of the drawbacks to universal free trade in the United States mentioned in the video was

lower GDP.

increase in inflation.

lack of controls.

loss of employment.

lack of uniformity.

Reference no: EM132089304

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