The Major Purposes of the General Agreement on Tariffs and Trade

question 23

True/False

The major purposes of the General Agreement on Tariffs and Trade (GATT)include encouraging free trade,regulating and reducing tariffs,and providing a forum for resolving trade disputes.

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Definitions:

National Legislation

National legislation refers to laws and regulations enacted by a country's legislative body that apply throughout the entire nation, governing matters of national concern such as defense, economy, and civil rights.

Agricultural South

Refers to the region in the United States where agriculture, particularly the cultivation of crops like cotton and tobacco, was the dominant economic activity, especially in the period before the Civil War.

African Americans

A racial or ethnic group in the United States with ancestry primarily from sub-Saharan Africa.

Urban Life

Refers to the characteristics, lifestyle, and culture found in cities, including high population density, diverse social dynamics, and distinct architectural and infrastructural features.