General Agreement On Tariffs And Trade
4 dictionary results for: General Agreement on Tariffs and Trade
Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This
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 |
Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
WordNet - Cite This Source - Share This
| 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.
Investopedia - Cite This Source - Share This
General Agreement on Tariffs and Trade - GATT
An agreement signed in 1947, whose purpose was to promote global trade between members through a reduction in tariffs.
Investopedia Commentary
The formation of GATT--and its subsequent amendments up to 1994--laid the framework for the creation of the WTO in 1995.
Related Links
What Is The World Trade Organization?
See also: Tariff, Trade, World Trade Organization - WTO
Also spelled: GATT
Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Wallstreet Words - Cite This Source - Share This
General Agreement on Tariffs and Trade (GATT)
General Agreement on Tariffs and Trade (GATT)
- A 1947 multilateral trade agreement designed to establish rules, reduce tariffs, and provide a setting for a solution to internationaltrade problems. GATT agreements are of particular importance to industries and firms heavily involved in international trade. Changes or even discussion of changes in these agreements can have asignificant effect on the prices of the securities of affected companies.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Share This:
Copyright © 2008, Dictionary.com, LLC. All rights reserved.