A(n) ________ is a subsidy that may be challenged as trade distorting if it injures the domestic industry of another WTO member state, nullifies or impairs the benefits due to another member state, or causes or threatens to cause serious prejudice to

the interests of another member state.

A. nonactionable subsidy
B. consumption subsidy
C. actionable subsidy
D. prohibited subsidy

C

Business

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Heat from sunlight reaching water-filled containers is used in

a. active solar-heating systems only b. passive solar-heating systems c. most homes d. air-conditioning systems

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A(n) ________ refers to a condition that requires the occurrence of an event before a party is obligated to perform a duty under a contract

A) Condition precedent B) Condition subsequent C) Concurrent condition D) Implied condition

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