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7:52 PM Sun Nov 2 . . . 75% O. A Economics U A PPEL Concer | A Search for Cl | Search profe G criminology A Textbook Acc My Courses MindTap X Dashboard C ng.cengage.com 30 . . . Brent CENGAGE |MINDTAP Q Search this course ? Chapter 06 Homework X HOME Back to Assignment A-7 PROFILE Attempts Keep the Highest / 3 ORDERS 1. Protectionism, GATT, and world trade RENTALS Since the late 19th century, U.S. manufacturers were able to export nearly 60% of their output. However, in 1932, manufacturers realized that their exports had fallen to only 20% of total output. Which of the following is the most likely reason for this decrease in exports? EI COURSES Retaliatory tariffs by trading partners The low quality of U.S. products Study Tools War between the United States and Switzerland College Success Tips The signing of the General Agreement on Tariffs and Trade (GATT) in 1947 resulted in the adoption of several new trade policies. Career Success Tips In the following table, indicate if each of the policies listed was a result of GATT. Then, complete the last column by identifying the means by which ? Help each GATT policy was implemented. Policy GATT Policy Implementation Promotion of discriminatory taxes C- SIGN OUT Promotion of trade without discrimination Promotion of trade predictability In the 1960s, multilateral negotiations called the resulted in and caused in U.S. exports. Grade It Now Save Continue Continue without saving