The result of the General Agreement on Tariffs and Trade (GATT) meeting in 1993 during the Clinton administration was the creation of the World Trade Organization (WTO).
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose purpose was to foster international trade by reducing or eliminating trade barriers such as tariffs or quotas.
GATT was signed by 23 nations in Geneva on 30 October 1947, and took effect on 1 January 1948. It remained in effect until 123 nations in Marrakesh on 14 April 1994, signed the Uruguay Round Agreements, which created the World Trade Organization (WTO) on 1 January 1995. The WTO is a successor to GATT.
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The automobile has been a key force for change in twentieth-century America. During the 1920s the industry became the backbone of a new consumer goods-oriented society. By the mid-1920s it ranked first in value of product, and in 1982 it provided one out of every six jobs in the United States.
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The main goal was to contain communion in Southeast Asia. The US failed to achieve this goal because it wasn't willing to sacrifice as much to win the war as the Vietnamese communists were.
