1. |
U.S. embassies and consulates can help U.S. exporters find customers |
|
2. |
that the U.S. can legally support its exporters through tax incentives |
|
3. |
the executive power is authorized to lower tariffs on imports if it wishes to |
|
4. |
the executive power can negotiate free trade agreements and Congress will approve or disapprove the entire treaty, but not each section separately |
|
5. |
the Commerce Department is given a special budget to help exporters |
Trade promotion authority is a legislation enacted by the US
Congress in 1974.
According to this legislation, President or the executive branch of the government can negotiate free trade agreement involving US and Congress has the power to approve or disapprove the agreement but without any amendments.
Hence, the correct answer is the option (4).
When Congress gives the executive branch trade-promotion authority, it means: 1. U.S. embassies and consulates can...
When Congress gives the executive branch trade-promotion authority, it means: 1. the executive power is authorized to lower tariffs on imports if it wishes to 2. the executive power can negotiate free trade agreements and Congress will approve or disapprove the entire treaty, but not each section separately 3. that the U.S. can legally support its exporters through tax incentives 4. U.S. embassies and consulates can help U.S. exporters find customers 5. the Commerce Department is given a special budget...
can someone please help me with an introduction
paragraph and a summary of the whole article.
us. Trump Didn't Kill the Global Trade System. He Split It in Two. Allies find relations modestly tweaked despite the president's rhetoric, while relations with China are entering a deep freeze By Greg Ip Dec. 26, 2018 1136 am. ET When Donald Trump entered the White House on a platform of defiant nationalism nearly two years ago, many feared he would dismantle the global...