In 1995, the General Agreement on Tariffs and Trade Replaced

question 28

True/False

In 1995, the General Agreement on Tariffs and Trade replaced the World Trade Organization as the body for governing the conduct of trade relations among member countries.

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Definitions:

Sequential Stages

Sequential stages are the consecutive phases or steps in a process or system, where each stage follows the previous one in an orderly progression.

Moral Development

A process through which individuals evolve their understanding of what is right and wrong, often described through stages by psychologists.

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Utilitarian Theories

A set of ethical theories that posit that the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.