GATT Hear it!

GATT definition

GATT (gat)

noun

an international organization which promotes free trade, chiefly by facilitating negotiations among nations for the reduction or elimination of trade barriers

Etymology: G(eneral) A(greement on) T(ariffs and) T(rade), adopted in 1947

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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