Ask the Chatbot Games & Quizzes History & Society Science & Tech Biographies Animals & Nature Geography & Travel Arts & Culture ProCon Money Videos
General Agreement on Tariffs and Trade
Introduction References & Edit History Related Topics
Videos
A U.S. map outline contains a $20 imported label, overlaid on a background of grocery receipt text with an arrow pointing to the label.
Feedback
Corrections? Updates? Omissions? Let us know if you have suggestions to improve this article (requires login).
Thank you for your feedback

Our editors will review what you’ve submitted and determine whether to revise the article.

External Websites
Britannica Websites
Articles from Britannica Encyclopedias for elementary and high school students.

General Agreement on Tariffs and Trade

international relations
Also known as: GATT
Written and fact-checked by
Britannica Editors
Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree....
Britannica Editors
Last updated
•History

General Agreement on Tariffs and Trade (GATT), set of multilateral trade agreements aimed at the abolition of quotas and the reduction of tariff duties among the contracting nations. When GATT was concluded by 23 countries at Geneva, in 1947 (to take effect on Jan. 1, 1948), it was considered an interim arrangement pending the formation of a United Nations agency to supersede it. When such an agency failed to emerge, GATT was amplified and further...

Discover the world with Britannica

Subscribe to Continue Reading

Free Trial | No Ads | Exclusive Content
Explore Subscriptions
DNA
Right
Mobile