Gatt (general Agreement On Tariffs And Trade). THE GENERAL AGREEMENT ON TARIFFS AND TRADE GATT 1947. Programme of Meetings September-December 1963 Corporate Author.
Substantial reduction of tariffs and other trade barriers and the elimination of preferences on a reciprocal and mutually. The International Monetary Fund IMF and World Bank are the other two bodies of the Bretton Woods system. The General Agreement on Tariffs and Trade was a free trade agreement that eliminated tariffs and increased international trade.
General Agreement on Tariffs and Trade GATT set of multilateral trade agreements aimed at the abolition of quotas and the reduction of tariff duties among the contracting nations.
General Agreement on Tariffs and Trade Organization Language. General Agreement on Tariffs and Trade Organization Language. GATT was signed in Geneva Switzerland by 23 countries on October 30 1947 after World War II and became law on January 1 1948. The General Agreement on Tariffs and Trade came into force on 1 January 1948.
