from The American Heritage® Dictionary of the English Language, 4th Edition
- abbr. General Agreement on Tariffs and Trade
from Wiktionary, Creative Commons Attribution/Share-Alike License
- General Agreement on Tariffs and Trade (Superseded by the World Trade Organisation (WTO))
from the GNU version of the Collaborative International Dictionary of English
- proper n. a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas
Sorry, no etymologies found.
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.
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.
What GATT is going to do, I would say, is three things.
The forthcoming negotiations in GATT will likewise throw some light on the present unsatisfactory situation.
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.
A customs union fulfills these criteria-a free trade area as defined in GATT, much less so.
It is in GATT, the OECD, and at Commonwealth meetings, that Canada has the opportunity of putting forward her views.
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.
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.
In Great Britain, GATT is frequently attacked as an obstacle to the further extension of preferences.