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New York

: Sui Generis

Define That Term #310

By Nicole Black, Esq.

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Last week's term was G.A.T.T., which is defined as:General Agreement on Tariffs and Trade-A comprehensive free-trade treaty signed in 1947 by 117 nations, including almost every developed country. The goal of GATT has been to promote global economic growth by encouraging and regulating world trade. Among other things, member countries are required to treat all other member countries equally in the application of import and export tariffs, offer basic copyright protection to authors from member countries, consult with each other about trade matters and attempt to resolve differences in a peaceful manner. GATT created an international regulatory body known as...

(This is a content summary only. If you're reading this anywhere other than an RSS reader, the content has been lifted. Please visit my blog, Sui Generis http://nylawblog.typepad.com , to read the entire post)

Full post as published by Sui Generis on January 25, 2009 (boomark / email).

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