What is another word for general agreement on tariffs and trade?
Pronunciation: [d͡ʒˈɛnəɹə͡l ɐɡɹˈiːmənt ˌɒn tˈaɹɪfs and tɹˈe͡ɪd] (IPA) 
General Agreement on Tariffs and Trade (GATT) was signed in 1947 as a multilateral agreement regulating international trade and reducing trade barriers. The agreement has undergone several rounds of negotiations, leading to the creation of the World Trade Organization (WTO). Synonyms for GATT include the Geneva Agreement, International Trade Agreement, and Global Economic Cooperation. GATT aims to promote free trade among member countries by eliminating discriminatory trade policies and reducing tariffs on goods and services. The ultimate goal is to promote economic growth and development by encouraging cross-border trade and investment. While GATT has faced criticism for not being inclusive enough, it remains an important stepping stone towards open and fair global trade.
