The General Agreement on Tariffs and Trade trade rounds concentrated on reducing tariffs. Which round was the first major attempt to tackle trade barriers and to improve the system? This eighth round is called:

Related MCQs

• In 1947 how many states did take part in the General Agreement on Tariffs and Trade trade round in Geneva?
• The first director general of General Agreement on Tariffs and Trade from 1948-68 was
• The General Agreement on Tariffs and Trade (GATT) is the predecessor of World Trade Organization. It entered into force in.
• The process of invigorating activity in a sector of the economy by reducing the government controls that have the effect of creating barriers to entry is called
• When a group of countries have removed all tariffs quotas and export subsidies on trade among themselves – that is called:
• Which trade round was the latest and most extensive of all and it finally led to the World Trade Organization and a new set of agreements. It lasted from 1986 to 1994.
• Adam Smith (1723 – 1790) was a British economist and philosopher. Which treatise of Adam Smith is considered the first serious attempt in the history of economics to divorce the study of political economy from the related fields of political science, ethics and jurisprudence?
• When no tariffs are imposed on exports and imports, it is called:
• The process of curing inflation by reducing money supply is called -
• The 1986-1994 Uruguay Round achieved agrement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). Which of the following are the types of intellectual property?