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General Agreement on Tariffs and Trade

noun

  1. an international organization formed in 1948 to establish common rules governing tariffs and to eliminate restrictive trade practices. : GATT


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Example Sentences

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Since 1948, trade among market economies has been governed by the General Agreement on Tariffs and Trade, which sets certain ground rules for, um, tariffs and trade.

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The World Trade Organization, created in 1995 as a successor to the General Agreement on Tariffs and Trade, has seen a slow unraveling — not least because U.S. objections have largely hamstrung its dispute-resolution system.

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The trade body, created in 1995 as a successor to the General Agreement on Tariffs and Trade, has seen a slow unraveling.

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The Geneva-based WTO, which was created in 1995 out of the former General Agreement on Tariffs and Trade, has never had a woman director-general or national from Africa as its leader.

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Jesús Seade Kuri: Mexico’s choice has a long career in trade negotiations stretching back to the days of the General Agreement on Tariffs and Trade, the forerunner to the WTO.

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general admissionGeneral American