The Uruguay Round,held under the umbrella of GATT,extended GATT to cover services as well as manufactured goods.

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The Uruguay Round, which took place between 1986 and 1994, did indeed extend GATT (the General Agreement on Tariffs and Trade) to include service industries such as telecommunications, banking, and insurance. This expansion of GATT led to the creation of the World Trade Organization (WTO), which oversees global trade agreements and helps resolve disputes between member countries.

The Uruguay Round,held Under the Umbrella of GATT,extended GATT to Cover