Siteadmin, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
125,790
edits
Changes
Jump to navigation
Jump to search
General Agreement on Tariffs and Trade (view source)
Revision as of 22:58, January 16, 2007
, 22:58, January 16, 2007no edit summary
The General Agreement on Tariffs and Trade (GATT) was formed in 1947 to promote economic recovery after [[World War II]] by reducing [[tariffs]] and [[trade quotas]] and [[subsidies]].
From 1947 until 1959 (the [[Torquay round]]), existing tariffs were frozen with respect to listed commodities. From 1959 to 1979, the parties to GATT reduced tariffs. From 1986 to 1994 (the [[Uruguay round]]), the parties expanded the agreement to include agriculture, intellectual property, capital and services.
In 1994 the [[WTO]] replaced GATT.
From 1947 until 1959 (the [[Torquay round]]), existing tariffs were frozen with respect to listed commodities. From 1959 to 1979, the parties to GATT reduced tariffs. From 1986 to 1994 (the [[Uruguay round]]), the parties expanded the agreement to include agriculture, intellectual property, capital and services.
In 1994 the [[WTO]] replaced GATT.