Between 1990 and 2007 our trade deficit

Do the provisions of the GATT and WTO permit countries to apply their own environmental regulations against imports?

a. No; environmental regulations applying to domestic production and imports need to be negotiated internationally under treaties such as the Kyoto Protocol. b. No; environmental regulations applying only to imports need to be negotiated internationally under treaties such as the Kyoto Agreement. c. Yes; and countries may require stricter environmental regulations for imports than for domestic production. d. Yes; as long as environmental regulations apply uniformly to domestic production and imports.

The National Bank Act

a. stemmed the credit expansion that banks generated by holding each other's deposits b. avoided wholesale shifts of deposits between city and country banks c. was instrumental in averting the 1907 Knickerbocker disaster d. helped to avoid financial panics and recessions e. tightened the money supply, but was by no means the banking industry's panacea