Author Question: In 1994 Congress rejected a new trade agreement among 124 nations to replace GATT with a more ... (Read 58 times)

RRMR

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In 1994 Congress rejected a new trade agreement among 124 nations to replace GATT with a more powerful World Trade Organization (WTO), with power to act as a global referee to resolve international trade disputes.
 
  Indicate whether the statement is true or false

Question 2

In 1947 the United States and other nations signed the General Agreement on Tariffs and Trade (GATT), which provided a formal framework for international tariff reductions.
 
  Indicate whether the statement is true or false



stano32

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Answer to Question 1

False

Answer to Question 2

True



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