Gatt is established in 1947 under which leadership
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Gatt is established in 1947 under the US leadership.
It was a legal agreement between many countries.
ts purpose was to promote international trade by reducing or eliminating trade barriers like tariffs or quotas on the principle of mutually advantageous basis.
Full-form of GATT-general agreement on tariffs and trade.
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Gatt was founded under the leadership of the United States in 1947.
Explanation:
- It has been a legal agreement among many countries. Its aimed at promoting international trade by eliminating or reducing obstacles to trade such as tariffs or quotas on a mutually beneficial basis.
- Full-form GATT National Tariff and Trade Treaty. The GATT is a legal statement between many nations whose overall objective was to improve international trade by reducing or removing trade barriers such as tariffs or quotas.
Learn more about GATT
When was GATT formed?
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When and where was the office of GATT established ?; 1) Paris, 1958; 2) New York, 1948; 3) Rio de Janeiro, 1948; 4) Geneva, 1948
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