The World Trade Organization eliminates tariffs on agricultural goods.
True**
False
Your Right It's True
An item you buy that was made in another country is an example of an import.
True
False**
TRUEEE
What would be the cost in U.S. dollars for a hotel room in Canada that costs 109 Canadian dollars if each Canadian dollar is worth .73 U.S. dollars?
$66.97
$79.57**
To determine the correct answer to this question, we can consult reputable sources or refer to official documents related to the World Trade Organization (WTO). The WTO is an international organization whose purpose is to promote global trade and facilitate negotiations among member countries.
In the case of agricultural goods, the WTO does not necessarily eliminate tariffs on these products. The WTO operates on the principle of promoting free trade and reducing trade barriers, including tariffs, but the elimination of tariffs on agricultural goods is not guaranteed.
The WTO's Agreement on Agriculture, which was established in 1995, aims to achieve fair and market-oriented agricultural trade. It includes provisions for reducing agricultural subsidies, improving market access, and addressing other issues related to agricultural trade. However, the specific tariff policies and exemptions are determined through negotiations between member countries.
Therefore, the statement that the World Trade Organization eliminates tariffs on agricultural goods is false.