The General Agreement on Tariffs and Trade (GATT) is
A) legislation that substantially increased tariffs in the early 1930s.
B) legislation that substantially lowered tariffs in the early 1930s.
C) an organization established after World War II to set the rules for international trade and reduce trade barriers among member nations.
D) an organization established in the early 1960s to protect U.S.industries from low-cost foreign producers.
Correct Answer:
Verified
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