Reference Entry

General Agreement on Tariffs and Trade

Jonathan Law

in A Dictionary of Business and Management

Fifth edition

Published in print January 2009 | ISBN: 9780199234899
Published online January 2009 | e-ISBN: 9780191726545
General Agreement on Tariffs and Trade

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A trade treaty that operated from 1948 until 1995, when it was replaced by the *World Trade Organization (WTO). GATT was supported by 95 nations and a further 28 nations applied its rules de facto. Its objectives were to expand world trade and to provide a permanent forum for international trade problems. GATT was especially interested in extending ...

Reference Entry.  110 words. 

Subjects: Business and Management

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