general reduction in tariffs

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• 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 — 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 - GATT — 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 — 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 — 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

• 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 — 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) — Set of multilateral trade agreements aimed at the abolition of quotas and the reduction of tariff duties among the signing nations. Originally signed by 23 countries at Geneva in 1947, GATT became the most effective instrument in the massive… …   Universalium

• General Agreement on Tariffs and Trade — GATT The forerunner to the * World Trade Organization. Established in 1948, GATT’s objectives included support for free trade, with emphasis on the reduction or abolition of *tariffs and other *protectionist mechanisms. In 1995 GATT was replaced… …   Auditor's dictionary

• General Agreement on Tariffs and Trade — (GATT)    GATT is an international treaty dating from 1947 based on the unconditional most favored nation principle, a treaty which was the foundation for the World Trade Organization (WTO) in 1993. Since its inception, GATT has spearheaded… …   Historical Dictionary of the Fashion Industry

• General Agreement on Tarifs 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