General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade

noun
an international organization formed in 1948 to establish common rules governing tariffs and to eliminate restrictive trade practices. Abbreviation: GATT
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general agreement on tariffs and trade

noun
a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas 
WordNet® 3.0, © 2006 by Princeton University.
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