„General Agreement On Tariffs And Trade (GATT)“

Both a multilateral trade agreement aimed at expanding international trade and the organization which oversees the agreement. The main goals of GATT are to liberalize world trade and place it on a secure basis thereby contributing to economic growth and development and the welfare of the world’s people. The organization, GATT, has been succeeded by the World Trade Organization (WTO).

Source:

Jackson, John H. “World Trade and the Law of GATT.” Bobbs-Merrill, 1969.