GATT is a multilateral treaty that establishes trade agreements and limits tariffs and trade restrictions among its more than 150 member nations.

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GATT (General Agreement on Tariffs and Trade) is a multilateral treaty that aims to promote international trade by reducing or eliminating trade barriers among its member nations. It has more than 150 member countries and has been succeeded by the World Trade Organization (WTO) since 1995.

GATT Is a Multilateral Treaty That Establishes Trade Agreements and Limits