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The General Agreement on Tariffs and Trade Was Founded in 1995

question 182

True/False

The General Agreement on Tariffs and Trade was founded in 1995 as a successor to the World Trade Organization.


Definitions:

Cash Inflows

Refers to the money received by a business from its various activities, including sales, investments, financing, etc.

Initial Cost

The upfront expenditure required to purchase an asset or to start a project, including setup or installation fees.

Initial Outlay

The initial investment amount required to start a project or purchase an asset.

Future Cash Inflows

Expected incoming funds or earnings generated from investments, operations, or financial activities in the future.

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