7 - The General Agreement on Tariffs and Trade was initially implemented to do which of the following? Promote free trade among members by eliminating trade barriers and educating individuals, companies, and governments about trade rules across the world. Provide loans to countries to build up their infrastructure and increase economic opportunities Merge the United States, Canada, and Mexico into a single market Reduce worldwide tariffs and increase international trade

Free trade refers to opening up of economic zones and markets to global trade facilitated by the…

Answered: 7 - The General Agreement on Tariffs…

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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7 - The General Agreement on Tariffs and Trade was initially implemented to do which of the following?

	Promote free trade among members by eliminating trade barriers and educating individuals, companies, and governments about trade rules across the world.
	Provide loans to countries to build up their infrastructure and increase economic opportunities
	Merge the United States, Canada, and Mexico into a single market
	Reduce worldwide tariffs and increase international trade