GATT

GATT
A treaty adopted by the United Nations aimed at elimination of international trade barriers between member countries. Bloomberg Financial Dictionary
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General Agreement on Tariffs and Trade - the agreement was designed to provide an international forum that encouraged free trade between member states by regulating and reducing tariffs on traded goods and by providing a common mechanism for resolving trade disputes. General Agreement on Tariffs and Trade (GATT) membership now includes more than 110 countries. HM Customs & Revenue Glossary

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GATT GATT [gæt] noun COMMERCE
the General Agreement on Tariffs and Trade; an international organization set up to reduce restrictions on trading between its members. It was replaced in 1995 by the World Trade Organisation

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   The General Agreement on Tariffs and Trade (Geneva) was founded in 1948 as an ad hoc Secretariat defined by a treaty between trading nations. The Secretariat was absorbed by the new World Trade Organization in 1995, but the GATT agreement remains as the WTO's underlying treaty document for trade in merchandise - albeit with many updates since 1948.
   ■ www.wto.org ■
   ► See also WTO.

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GATT UK US /gæt/ noun ECONOMICS, POLITICS
► ABBREVIATION FOR General Agreement on Tariffs and Trade: an international organization whose purpose was to reduce rules limiting trade between its members. It was replaced in 1995 by the World Trade Organization.
→ See also THE WTO(Cf. ↑the WTO)

Financial and business terms. 2012.

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Look at other dictionaries:

  • GATT — GATT …   Deutsch Wörterbuch

  • GATT — / gat/ abbrGeneral Agreement on Tariffs and Trade see also the important laws section Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. GATT …   Law dictionary

  • Gatt — Gatt, Gat und die Verkleinerungsform Gatchen bezeichnen in der Seemannssprache eine Öffnung oder ein Loch[1]. Reffgatchen sind in das Segel eingenähte Ösen, durch die Reff Leinen geführt werden; Speigatten dienen dem Ablaufen von Gischt durch die …   Deutsch Wikipedia

  • GATT — prop. n. [General Agreement on Tarriffs and Trade.] a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas. [acronym] Syn: General Agreement on Tarriffs and Trade. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • GATT — or Gatt may refer to:* The General Agreement on Tariffs and Trade * Mike Gatting, an England cricketer …   Wikipedia

  • Gatt — Gatt, 1) so v.w. Gat 2); 2) (Memeler Tis, Haffstrom), enger, 20 Fuß tiefer Meeresarm, durch den bei Memel das Kurische Haff mit der Ostsee in Verbindung steht …   Pierer's Universal-Lexikon

  • Gatt — (Gat, engl. gate), niederdeutsch soviel wie Loch, enge Durchfahrt, z. B. das Kattegatt, das Seegatt bei Riga, das Memeler G. (auch Memeler Tief, Haffstrom genannt), das G. bei Pillau; ferner Löcher in den Segeln, durch die Leinen zur Befestigung… …   Meyers Großes Konversations-Lexikon

  • Gatt — Gatt, in der Navigation s.v.w. Durchfahrt …   Lexikon der gesamten Technik

  • Gatt — Gatt, auch Memeler Tief, Haffstrom, der Ausfluß des Memels durch das Kurische Haff in die Ostsee …   Kleines Konversations-Lexikon

  • GATT — acronyme pour General Agreement on Tariffs and Trade, Accord général sur les tarifs douaniers et le commerce . Accord signé en 1947 à Genève pour harmoniser les politiques douanières des états membres. L accord de 1993, signé par 117 pays, a… …   Encyclopédie Universelle

  • GATT — sigla ES ingl. General Agreement on Tariffs and Trade, accordo generale sulle tariffe e sul commercio …   Dizionario italiano

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