Question

what are the limitations of GATT​

Answer 1

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.

Answer 2

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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