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Earn +20 ptsQ: Purpose of GATT
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What is full form of GATT?
The full form of 'GATT' is General Agreement on Tariffs and Trade.
What are the principles of GATT?
GATT is the abbreviated form of the General Agreement on Tariffs and Trades. The principles of GATT are 1. World trade should be conducted on a non-discriminatory basis. 2. A country should impose custom tariffs in place of trade barriers to protect its domestic industry. 3. Trade members should use mutual consultations as a way to promote its trading interests with each country. 4. The GATT framework provides the ability to complete negotiations with minimized tariffs and other such trade barriers.
When GATT was created in 1947 how many nations signed on for negotiation?
23 nations signed on for the negotiation in 1947.
Use the word purpose in a sentence?
What is the purpose of this sentence?I did not do that on purpose.
What is the Antonym of Author's purpose?
The author's purposelessness
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