Contemporary Marketing (MindTap Course List)
17th Edition
ISBN: 9781305075368
Author: Louis E. Boone, David L. Kurtz
Publisher: Cengage Learning
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Chapter 8, Problem 5ALR
Summary Introduction
To discuss: The 2 major victories achieved by the uruguay round of GATT conference.
General agreement on tariffs and trade (GATT) is a global trade accord that helps in reducing the world tariffs and quotas.
The uruguav round end was one of the largest victories for the free trade in decades. This reduced one third of average tariffs among its major victories in the year 1994.
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