Section 301 of the 1988 Omnibus Trade and Competitiveness Act enables the United States Trade Representative to single out a country as an unfair trader, begin trade negotiations with that country, and, if the negotiations do not conclude by the United States government's being satisfied, to impose sanctions.
(A) by the United States government's being satisfied, to impose
(B) by the United States government's satisfaction, impose
(C) with the United States government's being satisfied, imposing
(D) to the United States government's satisfaction, impose
(E) to the United States government's satisfaction, imposing



Answer :

The Answer is (D) to the United States government's satisfaction, impose

Foreign Trade :

The exchange of goods and services between different countries in the international market. It helps in the availability of raw material/finished product in a country that either does not have it or has it in scarcity. There are three types of foreign trades : import trade, export trade, and entrepot trade.

Importance :

Foreign trade allows countries to expand their markets and access materials (goods) and services (otherwise may not be available domestically). Due to this, the market is more competitive which results in more competitive pricing and brings a cheaper product home to the consumer.

There are four major cost components in foreign trade :

Transaction costs, Tariff and non-tariff costs, Transport costs, and Time costs.

The Answer is (D) to the United States government's satisfaction, impose

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