The General Agreement on Tariffs and Trade (GATT) is a treaty between states (contracting parties) under which they undertake to adhere to specific rules and principles relating to trade policies and to participate in periodic rounds of multilateral...

The General Agreement on Tariffs and Trade (GATT), which was signed at Geneva in 1947 and operated as a United Nations specialized agency, was part of a series of attempts to reform the international economy after the Second World War, starting with...

A multilateral trade agreement signed in 1947. It covers all major trading countries with the exceptions of the Soviet republics and China. It was originally intended to be part of the International Trade Organization, a body intended to police...

A series of tariff cuts arranged under the auspices of the GENERAL AGREEMENT ON TARIFFS AND TRADE in the period 1973–9. Tariff reductions were to be implemented in equal annual amounts from 1980 to 1987. A duty of 20 per cent was reduced by 59...

The General Agreement on Tariffs and Trade (typically abbreviated GATT) was the outcome of the failure of negotiating governments to create the International Trade Organization (ITO). The Bretton Woods Conference had introduced the idea for an...

The General Agreement on Tariffs and Trade (GATT) is a significant institution that was created in 1947 to promote international trade by reducing trade barriers among the 23 member countries who originally signed the treaty. Its successor, the World Trade Organization, has grown in...

SSIONS are inevitable from time to time. Depressions require profound mistakes in economic policy. The apparent reluctance of the European Community to negotiate meaningful reductions in trade barriers could easily condemn an already weak world economy to a rerun of the 1930s. ...