4. Introduction
The GeneralAgreementon Tariffs and
Trade (GATT) was signed by 23
countriesin October1
947,after World
War II,and became law on J an. 1
,1
948
The purpose of the GeneralAgreement
on Tariffs and Trade (GATT) was to
make internationaltrade easier
.
5. “ WHATIS GATT?
5
The General Agreement on
Tariffs and Trade is a legal
agreement between many
countries,whose overallpurpose
was to promote internationaltrade
by reducing or eliminating trade
barriers such as tariffs
6. Objectives
6
To raise standard of living
To ensure full empolyee
To develop the full use of resources of
the world
To expand the production and
international trade