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19 October, 07:21

What countries were granted the most-favored-nation status under the GATT?

a. GATT member countries

b. only members of the WTO

c. any country that requests it less-developed nations

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  1. 19 October, 10:53
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    A. GATT member countries.

    Explanation:

    General Agreement on Tariffs and Trade was an agreement signed in order to regulate international trade with the overall purpose was being to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. It was the result of the failure on the part of the negotiating governments to form the International Trade Organisation and was negotiated during the United Nations Conference on Trade and Employment.
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