Asked in World Trade Organization (WTO)
World Trade Organization (WTO)
Is the world trade organization simply an extension of GATT?
Answer
Wiki User
May 16, 2012 3:30PM
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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