A basis point is one-tenth of one percent

Product publicity can be used to explain a complicated product

Indicate whether the statement is true or false

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.