An International Organization Formed at the End of World War

question 66

Multiple Choice

An international organization formed at the end of World War II by the United States and twenty-two other countries whose goal was to reduce or eliminate tariffs and other barriers to world trade is called the

• A) Trade Expansion Act.
• B) Kennedy Round.
• C) GATT.
• D) Tokyo Round.
• E) Common Market.

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Definitions:

Manufactured

The process of converting raw materials into finished goods through the use of equipment, labor, and processes.

Business Trust

A business organization governed by a group of trustees who operate the trust for beneficiaries.

Trustees

Trustees are individuals or organizations appointed to manage assets on behalf of others, typically in a trust fund.

Beneficiaries

Beneficiaries are individuals or entities designated to receive benefits or assets under a legal instrument, such as a will, trust, or insurance policy.