Examlex
If an offeree accepts an offer before it is effectively revoked:
GATT
The General Agreement on Tariffs and Trade, an international treaty designed to reduce tariffs and other trade barriers.
Dispute Settlement Understanding
A core WTO agreement that outlines how countries can resolve trade disputes under its framework.
WTO
Short for World Trade Organization, an international body aimed at promoting and facilitating free trade by reducing tariffs and other trade barriers.
Tariff
A tax or duty to be paid on a particular class of imports or exports, used by governments to regulate trade.
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