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t was decided in the ‘Bretton …

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t was decided in the ‘Bretton Woods Conference’ to set up International Trade Organization (ITO) to promote and facilitate international trade among the member countries. The idea could not succeed. The participants of the conference made some arrangements known as GATT and at last they were able to form an organization on the same proposal of ITO. (a) Name the organization so formed. (b) What does GATT stand for. (c) Why could the proposal not materialize earlier? (d) What values should be kept in mind while making international trade regulations?

Posted by Soumya Gupta 2 years, 9 months ago

CBSE > Class 11 > Business Studies

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