How did the Uruguay Round of GATT impact agriculture?

What will be an ideal response?

Many quotas were converted to tariffs; many industrial countries agreed to reduce their direct support of the farm sector

Economics

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When buying a piece of equipment, it is always best for the firm to pay cash instead of borrowing the funds since this renders the equipment less costly

Indicate whether the statement is true or false

Economics

The "Four Tigers" of East Asia are the newly industrialized countries of Taiwan, South Korea, Hong Kong, and:

a. Japan. b. Singapore. c. the Philippines. d. Vietnam.

Economics