The Creation of the General Agreement on Tariffs and Trade

question 56

Multiple Choice

The creation of the General Agreement on Tariffs and Trade (GATT) was primarily motivated by the

• A) Great Depression.
• B) industrial revolution.
• C) 1970s oil crisis.
• D) cold war.

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Definitions:

Board of Directors

A group of individuals elected to represent shareholders and govern the affairs of a corporation by making decisions and setting policies.

Corporate Level

Pertains to high-level strategic decisions made by a company's top executives that affect the entire organization.

CEO

stands for Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.

Corneal Blindness

A condition where the cornea, the clear front surface of the eye, becomes opaquely damaged, leading to impaired vision or blindness.