General Agreement on Tariffs and Trade

 

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General Agreement on Tariffs and Trade

A multilateral treaty entered into in 1948 by the intended members of the International Trade Organization, the purpose of which was to implement many of the rules and negotiated tariff reductions that would be overseen by the ITO. With the failure of the ITO to be approved, the GATT became the principal institution regulating trade policy until it was subsumed within the WTO in 1995.

General Agreement on Tariffs and Trade

A trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.



Similar Matches

Canada-US Free Trade Agreement

Canada-US Free Trade Agreement

A free trade agreement between Canada and the United States signed in 1989 and superceded by the NAFTA in 1994.


Fiscal agency agreement

Fiscal agency agreement

An alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as a representative of the borrower.


European Monetary Agreement

European Monetary Agreement

An intergovernmental organization administered by the OECD that facilitated settlement of balance of payments accounts among its member states from 1958 to 1972. It replaced the EPU, and its functions were taken over by the IMF in 1972.


North American Free Trade Agreement (NAFTA)

North American Free Trade Agreement (NAFTA)

A regional trade pact among the United States, Canada, and Mexico.


Voluntary restraint agreement

Voluntary restraint agreement

Same as a VER.


Further Suggestions

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mortgage agreement in principle
Lending agreement
Note agreement
Cofinancing agreements
General Agreement on Tariffs and Trade (GATT)
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knock for knock agreement
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