The general agreement on tariffs and trade Gatt was part of americans attempt to increase international

The GATT (now WTO, World Trade Organization) was a trade agreement between 23 founding member nations to promote international trade and cooperation. This was achieved by eliminating trade barriers between the member nations such as tariffs/taxes or quotas

It is worth noting that the GATT only operated with tangible goods, where the WTO today operates with goods and services.

(The GATT was founded in 1947 and lasted until 1994 when the WTO was formed.)

mboluwape mboluwape · Answer 2 · 2022-05-06T12:22:14+02:00

The general agreement on tariffs and trade Gatt was part of americans attempt to increase international economic growth.

What is Economic growth?

Economic growth occurs when there is an increase in a country economy as a result of increase in production.

The increase is measured based on the amount previously produced at a period of time.

Therefore, The general agreement on tariffs and trade Gatt was part of americans attempt to increase international economic growth.

Learn more on economic growth here,

https://brainly.com/question/1690575

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