Is the world trade organization simply an extension of GATT?

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False.

WTO & GATT are both global trade agreements. The WTO later replaced GATT.

World Trade Organization - an organizational headquarter, international trade, "leadership coordinance"

General Agreement on Tariff and Trade - seeks to reduce tariffs and taxed between nations.
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What is the importance of the World Trade Organization?

The World Trade Organization (WTO) helps to facilitate global trade. It is the major multilateral forum for creating agreements and settling trade disputes among governments.

What role does the GATT play in the international trade?

THE ROLE OF GATT The most important trade-liberalization activity in the post-World War II period has been through the General Agreement on Tariffs and Trade (GATT), which b

Members of World Trade Organization?

Albania 8 September 2000 Angola 23 November 1996 Antigua and Barbuda 1 January 1995 Argentina 1 January 1995 Armenia 5 February 2003 Australia 1 January 1995

What are the objectives of the World trade organization?

Following are the objective of the world trade organisation - . The foremost objective of WTO is to enforce new world trade regulation system. . To encourage world trade i

Who formed the world trade organization?

The World Trade organization was formed by the United States under the Marrakesh Agreement. It was founded to improve trades among the different countries in the world. The in