Question

Which of the following was an agreement made for promoting international trade.

• A. General Agreement on Tariffs and Trade
• B. General Trade Agreement
• C. General Agreement on Tariffs
• D. General Tariff Agreement

Answer 1

The correct option is A General Agreement on Tariffs and Trade

The World Bank provide funds to the countries that need capital for development and trade. The World Bank promotes agriculture, industrial and other developments. It is with the help of such funds that the economy of the countries grow. The “General Agreement on Tariffs and Trade” is an agreement that was signed to promote international trade.