Answered

IDNLearn.com: Where your questions are met with thoughtful and precise answers. Discover thorough and trustworthy answers from our community of knowledgeable professionals, tailored to meet your specific needs.

The _____ replaced the general agreement on tariffs and trade (gatt) and absorbed its mission in 1995.

Sagot :

The WTO replaced the general agreement on tariffs and trade (GATT) and absorbed its mission in 1995. The World Trade Organization (WTO) is the only international organization that deals with global trade rules. Its primary function is to keep trade flowing as easily, predictably, and freely as possible.

The GATT (General Agreement on Tariffs and Trade) regulates international trade in goods. The Council for Trade in Goods (Goods Council), which is made up of representatives from all WTO member countries, is in charge of the operation of the GATT agreement.

Tariffs are customs duties levied on imported goods.

To know more about WTO, click here.

https://brainly.com/question/14249920

SPJ4

Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your questions are important to us at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.