what are the limitations of GATT
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Disadvantages or Limitations of GATT
Only a provisional agreement. Basically GATT is a provisional agreement. ...
Paultry gains to less developed countries. ...
No benefits in Commodity-wise negotiation. ...
Formation of Regional Trading Blocks undermines GATT. ...
Lack of legal status. ...
Diverse membership.
Answered by
0
Answer:
Disadvantages or Limitations of GATT
- Only a provisional agreement. Basically GATT is a provisional agreement.
- Paultry gains to less developed countries.
- No benefits in Commodity-wise negotiation.
- Formation of Regional Trading Blocks undermines GATT.
- Lack of legal status.
- Diverse membership.
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