General Agreement on Tariffs and Trade (GATT) brought about an orderly development of the International trade. It established a forum for continuing consultations. It brought to the conference
Functions of GATT In fulfillment of its objectives, GATT adopted certain measures. These may be discussed under the following headings. Most favored nation clause Trade negotiations Tariff and
The following are the non tariff measures of General Agreement on Tariffs and Trade (GATT) for effective international discipline and favorable treatment for developing countries. Non-Tariff measures of
The World Bank recommended the establishment of an International Trade Organization (ITO). Instead of ITO, General Agreement on Tariff and Trade (GATT) was formed in 1948. Objectives of