Bill Clinton,
Proclamation 6704
“ Further, pursuant to section 504 (d) (2) of the 1974 Act (19 U.S.C. 2464 (d) (2) , the President may disregard the limitations provided in section 504 (c) (1) (B) with respect to any eligible article if the appraised value of the total imports of such article into the United States during the preceding calendar year is not in excess of an amount that bears the same ratio to $5,000,000 as the gross national product of the United States for that calendar year (as determined by the Department of Commerce) bears to the gross national product of the United States for calendar year 1979. ”
