Which of the following is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?
A) The International Agreement on Nontariffs and Trade
B) The World Trade Organization Agreement
C) The General Agreement on Tariffs and Trade
D) The North and South American Free Trade Agreement
E) The European Free Trade Agreement

Question

Quizplus · Accepted Answer

The General Agreement on Tariffs and Trade (GATT) is a comprehensive multilateral trading system designed to achieve distortion-free international trade by minimizing tariffs and removing artificial barriers.

Which of the Following Is a Comprehensive Multilateral Trading System