The Federal Trade Commission is responsible for the regulation of deceptive advertising

Bilateral voluntary export restraints, or VERs, circumvented GATT agreements, because:

A. these nations withdrew their membership to the GATT. B. the member nations had ceased to recognize GATT as a regulatory body for international trade. C. VERs were not a recognized trade barrier under the GATT constitution. D. neither the importing country nor the exporting country complained to the GATT bureaucracy for it to take action. E. member nations erected a wall of tariff barriers.

A grill assembly takes 20 washers. Instead of listing these washers separately, they are grouped into a single kit for production. How is the bill of material for the washers classified?

A) phantom bill B) component bill C) modular bill D) low-level bill E) planning bill