General Agreement On Tariffs And Trade


General Agreement On Tariffs And Trade
(GATT)
   The GATT was signed by 23 countries on 1 January 1948 following the preliminary agreement reached in Havana, Cuba, the previous year. Intended to prevent the economic competition that had contributed to the Great Depression in the 1930s, the agreement was an attempt to reduce international trade barriers by removing tariffs and established “favored nation” status between participating nations. Further reductions in tariff barriers were reached in 1949, 1951, and 1955.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

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  • General Agreement on Tariffs and Trade — n. An international agreement that states guidelines and rules for international trade. abbrv. GATT The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. General Agreement on Tariffs and… …   Law dictionary

  • General Agreement on Tariffs and Trade —   [ dʒenərəl ə griːmənt ɔn tærɪfs ænd treɪd, englisch], das Allgemeine Zoll und Handelsabkommen, GATT …   Universal-Lexikon

  • General Agreement on Tariffs and Trade — 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… …   Wikipedia

  • General Agreement on Tariffs and Trade — ( GATT) A treaty adopted by the United Nations aimed at elimination of international trade barriers between member countries. Bloomberg Financial Dictionary * * * General Agreement on Tariffs and Trade General Agreement on Tariffs and Trade ➔… …   Financial and business terms

  • General Agreement On Tariffs And Trade — A treaty created following the conclusion of World War II. The General Agreement on Tariffs and Trade (GATT) was implemented to further regulate world trade to aide in the economic recovery following the war. GATT s main objective was to reduce… …   Investment dictionary

  • General Agreement on Tariffs and Trade — Dieser Artikel wurde auf der Koordinationsseite des WiwiWiki Projekts gelistet um die Bearbeitung effektiver gestalten zu können. Bitte beteilige dich an der Diskussion. Das Allgemeine Zoll und Handelsabkommen (engl. General Agreement on Tariffs… …   Deutsch Wikipedia

  • General agreement on tariffs and trade — Accord général sur les tarifs douaniers et le commerce Logo du GATT Le General Agreement on Tariffs and Trade (GATT), en français Accord général sur les tarifs douaniers et le commerce, fut signé le 30 octobre 1947 par 23 pays,… …   Wikipédia en Français

  • General Agreement on Tariffs and Trade — an international organization formed in 1948 to establish common rules governing tariffs and to eliminate restrictive trade practices. Abbr.: GATT * * * ▪ international relations       set of multilateral trade agreements aimed at the abolition… …   Universalium

  • General Agreement on Tariffs and Trade — (GATT)    A comprehensive free trade treaty originally signed in 1947 by 117 nations, including almost all developed countries. The goal of GATT is to promote global economic growth by encouraging negotiation on trade policies and especially the… …   Business law dictionary

  • General Agreement on Tariffs and Trade — noun a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas • Syn: ↑GATT • Hypernyms: ↑United Nations agency, ↑UN agency * * * an international organization formed in 1948 to… …   Useful english dictionary

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