Gatt (general Agreement On Tariffs And Trade). GENERAL AGREEMENT ON TARIFFS AND TRADE GATT The General Agreement on Tariffs and Trade GATT is a set of multilateral trade agreements aimed at abolishing quotas and reducing tariffs between contracting countries. These negotiations resulted in the Bretton Woods agreements the International Monetary Fund and the International Bank for Reconstruction and Development but there was the.
General Agreement on Tariffs and Trade. The world witnessed a regime of rigorous and extensive trade barriers during 1930s and the period of Second World War. It replaced the GATT on 1 January 1995.
The General Agreement on Tariffs and Trade GATT was implemented to further regulate world trade.
The world witnessed a regime of rigorous and extensive trade barriers during 1930s and the period of Second World War. A multilateral agreement regulating international trade Aims for substantial reduction of tariffs and other trade barriers and the elimination of preferences on a reciprocal and mutually advantageous basis Negotiated during the UN Conference on Trade and Employment and was the outcome of the failure of negotiating governments 8. The General Agreement on Tariffs and Trade GATT is a multilateral trade treaty among countries to regulate international trade and tariffs in accordance with specific rules norms or code of conduct. 1 1948 it was considered an interim arrangement pending the formation of a United Nations agency to.
