GATT QUIZ

What is the Organization that replaced GATT Called?

• NAFTA

• WTO

• ITA

• UEFA

When was GATT founded?

• October 30, 1947

• June 6, 1946

• June 6, 1944

• October 30, 1946

Which of the following statements about the General Agreement on Tariffs and Trade (GATT) is true?

• GATT was created to increase trade barriers between countries.

• GATT was replaced by the World Trade Organization in 2001.

• GATT was signed by 50 countries in 1995.

• GATT's main goal was to reduce trade barriers between countries.

Where did its original signatories met to sign the agreement in?

• Sweden

• USA

• Switzerland

• England

Until what year did GATT remained in effect?

• 1975

• 1955

• 1985

• 1995

Which country did not contribute to GATT?

• China

• Poland

• Pakistan

• South Africa

Who was the most recent leader of GATT?

• Peter Sutherland

• Arthur Dunkel

• Olivier Long

• Eric Wyndham White

Which of the following statements about the General Agreement on Tariffs and Trade (GATT) is true?

• The GATT was established in 1995 to promote international trade

• The GATT aimed to increase trade barriers such as tariffs and quotas

• The GATT was replaced by the World Trade Organization (WTO) in 1947

• The GATT provided a forum for negotiating trade agreements and reducing trade barriers

What is the purpose of the General Agreement on Tariffs and Trade (GATT)?

• To promote international trade by reducing trade barriers such as tariffs and quotas.

• To regulate national currencies and exchange rates.

• To provide military support to member countries.

• To promote cultural exchange and tourism.

What was the main goal of the General Agreement on Tariffs and Trade (GATT) established after World War II?

• To regulate the exchange of national currencies.

• To encourage free trade and economic progress among participating countries.

• To protect domestic industries from foreign competition.

• To provide support to people who lost their homes due to the war