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What is Economic Development in India about?

The General Agreement on Tariffs and Trade (GATT) was established in 1948 to regulate international trade and reduce tariffs among member countries. It aimed to promote free trade through principles such as the most favored nation clause and non-discrimination, while also addressing issues like subsidies and dispute resolution. GATT was replaced by the World Trade Organization (WTO) in 1995, following the Uruguay Round negotiations that addressed various trade-related issues and established new agreements.

Author

oggy5alwaysinahurry

Language

EN