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GATT (General Agreement on Tariffs and Trade) is

A. international agreement signed in 1947 between non-communist nations with the object of encouraging

B. agreement which seeks to achieve its aim by arranging and encouraging bargaining with trade concession

C. Both option A and B

D. None of the above

Answer: Option C

Solution(By Examveda Team)

GATT (General Agreement on Tariffs and Trade) is international agreement signed in 1947 between non-communist nations with the object of encouraging and agreement which seeks to achieve its aim by arranging and encouraging bargaining with trade concession.

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