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Glossary > G > "General Agreement on Tariffs and Trade" Definition

General Agreement on Tariffs and Trade

A trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.

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General Agreement on Tariffs and Trade - A trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.

General Agreement on Tariffs and Trade : a trade agreement between a large number of countries, dating back to 1948, which was set up to improve trading world wide and to work towards the reduction of tariff barriers.