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Explain the Purpose of the GATT and the WTO

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Explain the purpose of the GATT and the WTO.


Definitions:

Production-Based

A focus on the quantity of work or goods produced, often prioritizing output over quality or other factors.

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The strategies and methods that companies operating online employ to generate revenue, including ecommerce, subscription services, and advertising-based models.

New Strategies

Innovative plans or approaches developed to achieve specific goals or solve problems, often involving the adaptation to new circumstances or technologies.

Top Managers

Individuals who are responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.

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