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The General Agreement on Tariffs and Trade Was Founded in 1995

question 182

True/False

The General Agreement on Tariffs and Trade was founded in 1995 as a successor to the World Trade Organization.


Definitions:

Society

A community of individuals bound together by territorial, cultural, or social ties, manifesting patterns of relationships and norms.

Compliance

The act of adhering to laws, regulations, guidelines, and specifications relevant to one’s business or activities.

Law

An arrangement of norms devised and upheld by social or governmental entities to direct actions.

Ethical Theories

Philosophical ideas and principles that define what is morally right and wrong.

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