GATT Definition

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GATT (GENERAL AGREEMENT ON TARIFFS AND TRADE) is a multilateral treaty that aims to reduce trade barriers and increase trade. The GATT was an interim treaty process that has now culminated in the World Trade Organization (WTO).

Learn new Accounting Terms

BREAK-EVEN SALES see BREAK-EVEN POINT.

JIAO (CHIAO) is a currency of China.

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