Question

The advanced industrial nations of the West committed themselves after World War II to removing barriers to the free flow of goods, services, and capital between nations. This goal was enshrined in the:

Answer 1

Answer:

The correct answer is: General Agreement on Tariffs and Trade (GATT).

Explanation:

The General Agreement on Tariffs and Trade (GATT) is the first multinational trade treaty signed by twenty-three (23) countries in October 1947 after the events of World War II (WWII) agreeing in eliminating tariffs and increase international trade. After several adjustments, it was replaced by the World Trade Organization (WTO) in 1955 to be assigned as the only organization handling international trade worldwide.