Question

    An international treaty intended to limit trade barriers and promote world trade through the reduction of tariffs is known as the

    A North Atlantic Treaty Organization (NATO). Correct Answer Incorrect Answer
    B General Agreement on Tariffs and Trade (GATT). Correct Answer Incorrect Answer
    C North American Free Trade Agreement (NAFTA) Correct Answer Incorrect Answer
    D Restraint of Trade Treaty (ROTT). Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    General Agreement on Tariffs and Trade was intended to limit trade barriers and promote world trade through the reduction of tariffs, which it did.

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