Bundle: Contemporary Marketing, Loose-Leaf Version, 17th + LMS Integrated MindTapV2.0 Contemporary Marketing, 1 term (6 months) Printed Access Card
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Chapter 8, Problem 5ALR
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To discuss: The 2 major victories achieved by the uruguay round of GATT conference.

General agreement on tariffs and trade (GATT) is a global trade accord that helps in reducing the world tariffs and quotas.

The uruguav round end was one of the largest victories for the free trade in decades. This reduced one third of average tariffs among its major victories in the year 1994.

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