Question 12 • DRHS Legal Environment of Business (06.41500) GA
Correct Answer:
a system of international economic management established after World War II to help with European reconstruction, boost economic growth, and revive world trade,the General Agreement on Trade in Services that went into effect in 1994,the General Agreement on Tariffs and Trade that went into effect in 1947 and was significantly revised in 1994,the International Trade Organization, which never came into existence following World War II,treating all nations equally as favored nations in trade matters,replaced GATT as the main international trade body in 1995