The Rules Established Under the General Agreement on Tariffs and Trade

question 174

True/False

The rules established under the General Agreement on Tariffs and Trade (GATT) are enforced by an international body called the World Trade Organization (WTO).

---

Definitions:

Large Cars

Vehicles characterized by their substantial size, often offering more space, comfort, and features compared to smaller models.

Construction Boom

A period characterized by rapid and significant increases in construction activity, often driven by economic growth, legislative changes, or increased demand.

Lumber Prices

The cost at which lumber is sold, influenced by factors such as supply and demand, production costs, and market conditions.

Wood Furniture

Items of furniture made from wood, valued for their aesthetic, durability, and environmental sustainability, ranging from seating to storage solutions.