Gatt (general Agreement On Tariffs And Trade). The GATT aimed substantial reduction of tariffs and other trade barriers and the elimination of preferences on a reciprocal and mutually advantageous basis so that the economic recovery after World War II can be boosted. While often referred to as an.
This is stated in its preamble. 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 known as the GATT is one-third of the Bretton Woods system that was created after World War II to ensure a stable trade and economic world environment.
THE GENERAL AGREEMENT ON TARIFFS AND TRADE GATT 1947.
A treaty created following the conclusion of World War II. The General Agreement on Tariffs and Trade GATT was an international trade agreement. GATT 1947 4 PART I Article I. 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.
