Question

Which of the following was a goal of the Export Trading Company Act?

A. To allow U.S. companies to bypass tax laws with respect to international trading.
B. To remove antitrust disincentives to export activities.
C. To bypass trade barriers in foreign countries.
D. To earn the highest possible profits in foreign countries.
E. To combine export shipments within single containers.

Answer 1

The goal of the Export Trading Company Act was to remove antitrust disincentives to export activities. option (B)

Step-by-step explanation:

The goal of the Export Trading Company Act was to remove antitrust disincentives to export activities. The Act was enacted in 1982 and allowed U.S. companies to form export trading companies to promote and facilitate overseas trade.

By exempting these companies from some antitrust regulations, the Act aimed to encourage collaboration and cooperation among U.S. exporters, making it easier for them to compete globally.