Which of the following is correct about the World Trade Organization (WTO)?
A) Only a few nations have a representative on the WTO dispute settlement body.
B) The WTO adopted a judicial-based dispute resolution system to replace the politically
oriented system in place previously.
C) China has not been admitted to the WTO.
D) Parties to a dispute have a veto power over any decision reached by the WTO.
E) The WTO was created in the 1940s.
B
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The Bosteins
Karen and her husband, Jeffrey, are facing a new income tax situation this year. She is a corporate accountant and Jeffrey is an engineer. Their gross salaries total $89,000. Both graduated from four-year universities five years ago and are still paying off large student loans. She is now attending school part-time to prepare for the CPA exam. incurred considerable expenses in the process of adopting an infant this year, and they have the ongoing expense of daycare. In January of last year they closed on their new home. Although trained as an accountant, Karen's work has not involved income tax preparation. Help them consider the following questions. A) have no dependents to declare. B) should use the married filing separately filing status. C) should calculate their taxes itemizing and taking the standard deduction to see which is greater. D) none of the above.
Which of the following statements illustrates graphical deception?
a. Absolute changes, rather than percentage changes are reported. b. To reduce clutter, the scales of the axes are not shown. c. The Y-axis is stretched or shrunk to show the data in their best possible light. d. All of these choices are true.