The General Agreement on Tariffs and Trade (GATT)was Formed to Replace

question 62

True/False

The General Agreement on Tariffs and Trade (GATT)was formed to replace the World Trade Organization (WTO)because the WTO was empowered only to reduce barriers to trade in goods.The GATT is an agreement to reduce barriers to trade in goods,services,and intellectual property.

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Definitions:

Social Processes

Patterns of interaction between individuals and groups that order and structure the social world.

Romantic Relationships

Emotional and physical associations between two individuals that often include love, intimacy, and shared experiences.

Internet

A global network of computers that allows for the sharing of information and communication across vast distances instantly.

Stable

Characterized by consistency, reliability, and resistance to change over time or under varying conditions.