The Final Round of GATT Talks,called the Uruguay Round,established GATT's

question 78

Multiple Choice

The final round of GATT talks,called the Uruguay Round,established GATT's successor,known as the

• A)Second General Agreement on Trade and Tariffs (GATT 2).
• B)World Trade Organization (WTO).
• C)European Union (EU).
• D)North American Free Trade Agreement (NAFTA).
• E)United Nations Council for Free and Fair Trade (UNCFFT).

---

Definitions:

Berry Size

A classification or measurement used in agriculture to denote the physical dimensions of berries.

Good Faith

The concept of entering into an agreement or contract with honest intentions, without intention to defraud or seek an unfair advantage.

UCC Obligation

A term referring to responsibilities or duties that are established under the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Third-party Financing

Refers to funding provided by an entity that is neither the borrower nor the direct provider of goods or services, often used in sales agreements to facilitate purchases.