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General Agreement on Tariffs and Trade   /dʒˈɛnərəl əgrˈimənt ɑn tˈɛrəfs ənd treɪd/   Listen
General Agreement on Tariffs and Trade

noun
1.
A United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas.  Synonym: GATT.






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