The general agreement on tariffs and trade Gatt was part of americans attempt to increase international

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Clare Stuart

4 April, 11:25

The general agreement on tariffs and trade Gatt was part of americans attempt to increase international

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Rodrigo Taylor · Answer 1

The general agreement on tariffs and trade Gatt was part of americans attempt to increase international ... [cooperation]

Brittany Wilkerson · Answer 2

The answer would be Economic Growth.

The GATT (now WTO, World Trade Organization) was a trade agreement between 23 founding member nations to promote international trade and cooperation. This was achieved by eliminating trade barriers between the member nations such as tariffs/taxes or quotas

It is worth noting that the GATT only operated with tangible goods, where the WTO today operates with goods and services.

(The GATT was founded in 1947 and lasted until 1994 when the WTO was formed.)