SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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GATT stands for
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Genral Agreement on Trade and Tariff
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Government Association for Trade and Tariff
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General Agreement on terms of Trade
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Government Agreement on terms of Trade
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Explanation:
Detailed explanation-1: -The General Agreement on Tariffs and Trade (GATT) covers international trade in goods. The workings of the GATT agreement are the responsibility of the Council for Trade in Goods (Goods Council) which is made up of representatives from all WTO member countries.
Detailed explanation-2: -GATT The General Agreement on Tariffs and Trade, established in 1947. The abbreviation is used for both the legal text and the institution. GATT 1947 The text of GATT as used until amended by the WTO Agreements which came into force in 1995.
Detailed explanation-3: -On 30 October 1947, the General Agreement on Tariffs and Trade (GATT) was signed by 23 nations at the Palais des Nations in Geneva.
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