natemtz15
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  • 12-02-2020
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How does the WTO differ from the GATT

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puzzledcricket
puzzledcricket puzzledcricket
  • 12-02-2020

Answer:

While GATT is a simple agreement, there is no institutional existence, but have a small secretariat. Conversely, WTO is a permanent institution along with a secretariat. GATT agreement is primarily multilateral, but plurilateral agreement is added to it later. In contrast, WTO agreements are purely multilateral.

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