General Agreement On Tariffs And Trade (GATT) Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of General Agreement On Tariffs And Trade (GATT), written in plain English, along with examples of how it is used.

What is General Agreement On Tariffs And Trade (GATT)?

“International treaty established in Geneva, Switzerland in 1947 that reduces import and expert tariffs as well as other trade barriers. The treaty is enforced by the World Trade Organization (WTO).