--%>
Assignment Help - homework help

Elucidate The General Agreement of Tariffs and Trade

Elucidate The General Agreement of Tariffs and Trade (GATT)?

E

Expert

Verified

1. In 1947 after WWII, the U.S. signed an agreement to negotiate reductions on a multilateral basis.  Twenty-three nations originally signed, but now 128 nations belong to GATT.

2. The latest round of GATT negotiations was the eighth set of negotiations.  It began in Uruguay in 1986 and concluded at the end of 1993.  The agreement was passed by Congress in the fall of 1994, went into effect in 1995, and will be phased in through 2005.

   Related Questions in Business Economics

  • Q : Describe the Personal distribution of

    Describe the Personal distribution of income?

    		•
  • Q : Explain about the successful speculation

    Successful speculation tends to: (1) generate inflationary pressure. (2) assist stabilize relative prices. (3) reduce the incomes of the eventual producers of goods. (4) make relative prices more volatile. (5) increase the risk born through the eventu

    		•
  • Q : Limitation of building blocks for a

    Building blocks for a capitalist system would not consist of: (1) supplies and demands. (2) private property rights. (3) laissez-faire policies. (4) market-found prices and outputs. (5) distribution of income in accord along with the principle, &ldquo

    		•
  • Q : Qualitative and Quantitative data What

    What is the difference between qualitative data and quantitative data, provide an example of each.

    		•
  • Q : Comparative advantage in production I

    I have a problem in economics on Comparative advantage in production. Please help me in the following question. The oranges are grown in Florida and potatoes are grown in Maine mainly since: (i) orange-grower’s in Maine have not lobbied effectiv

    		•
  • Q : Government policies with respect to the

    Can you explain how different government policies with respect to the recycling of aluminum and paper might account for these different market outcomes?

    		•
  • Q : Examples and Applications of

    What are the Examples and Applications of International Trade?

    		•
  • Q : Possession protection of property rights

    Why possession protection of property rights and private property promotes the market system?

    		•
  • Q : How demand is influenced by price

    Describe how the demand for a good is influenced by the price of its associated goods. Give illustrations.

    		•
  • Q : Regression Your firm is worried about

    Your firm is worried about being sued for gender discrimination. There is a growing perception that males are being paid more than females in your department. Using the data in the SALARY tab in the Excel file provided, please complete the following using a = .05 a). Do the men appear to earn mo

    		•