Question
Identify the correct full form of
GAAT?Solution
The General Agreement on Tariffs and Trade is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.
More Insurance Awareness Questions
For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2
 According to the Principle of Equal Marginal Sacrifice proposed by Hugh Dalton, an optimal income tax structure is one where:
Real Wages = 500, Consumer price index = 1.2. Calculate nominal wages?