Why Do Some Critics Refer to GATT as the "General

question 84

Essay

Why do some critics refer to GATT as the "General Agreement to Talk and Talk" and how does its successor, WTO, provide a better forum for trade agreements?

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Definitions:

Bribery

A corrupt and illegal activity in which a person offers, gives, solicits, or receives money, services, or anything of value in order to gain an illicit advantage.

Public Official

An individual holding an office in the government who performs duties for the benefit of the public.

Criminal Fraud

Intentional deception or misrepresentation made for personal gain or to damage another individual, which is punishable by law.

Conduct

The manner in which an individual or organization behaves or acts, especially concerning adherence to laws, regulations, or established norms.