Asked by
Salma Seyyid
on Nov 05, 2024Verified
The international agreement signed by the United States and 22 other countries in 1947 to promote the liberalization of foreign trade is known by its initials as
A) GATT.
B) START.
C) SALT.
D) IMF.
Liberalization
The process of reducing government regulations and restrictions in an economy to encourage more business activities and investments.
GATT
General Agreement on Tariffs and Trade, a legal agreement minimizing barriers to international trade.
- Recognize key international agreements and organizations involved in trade liberalization.
Verified Answer
MZ
Learning Objectives
- Recognize key international agreements and organizations involved in trade liberalization.
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