The most recent round of GATT negotiations resulted in an agreement of all of the following EXCEPT

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The most recent round of GATT negotiations, known as the Uruguay Round, aimed to reduce trade barriers and liberalize trade. The agreement reached included establishing rules for investing and trading in services, cutting tariffs by 40 percent, and expanding protection of intellectual property. However, the agreement did not include increasing government subsidies to businesses, as this was an area of contention and was not agreed upon by all participants.

The Most Recent Round of GATT Negotiations Resulted in an Agreement