The GATT is an agreement, not an organization.

Name: The GATT is an agreement, not an organization.
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The General Agreement on Tariffs and Trade (GATT) is indeed an agreement among nations to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. It is not an organization; rather, it was replaced by the World Trade Organization (WTO) in 1995, which now oversees the international trade agreements originally established under GATT.

The GATT Is an Agreement, Not an Organization