Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- abbreviation General Agreement on Tariffs and Trade
from the GNU version of the Collaborative International Dictionary of English.
- proper noun acronym a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- initialism General Agreement on Tariffs and Trade (Superseded by the World Trade Organisation (WTO))
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas
Etymologies
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Examples
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The ongoing negotiations to finalize the so-called Uruguay Round in the context of GATT is very important in securing the future openness of the world trade to the benefit of all.
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The GATT is not the only international body in which we are active these days and within which we have a special opportunity to exercise positive influence.
Managing Change 1988
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What GATT is going to do, I would say, is three things.
An Industrial Policy for CanadaTime for Fundamental Changes 1978
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The forthcoming negotiations in GATT will likewise throw some light on the present unsatisfactory situation.
The Future of European Integration and German-Canadian Relations 1970
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The role which our Federal Government plays in GATT, insuring export markets, and in opening the Canadian market for foreign imports, have a decided influence on the ability of the Canadian economy to compete.
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Another little-known fact about GATT is that the Agreement is only being applied provisionally and not, definitively, as provided for in the articles of the Agreement.
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A major achievement from the American point of view, however, was the provision in GATT that no new preferences could be introduced, nor could existing preferences be increased.
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In Great Britain, GATT is frequently attacked as an obstacle to the further extension of preferences.
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A customs union fulfills these criteria-a free trade area as defined in GATT, much less so.
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It is in GATT, the OECD, and at Commonwealth meetings, that Canada has the opportunity of putting forward her views.
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