Definition of GATT noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ɡæt//
; NAmE NAmE//ɡæt//
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the General Agreement on Tariffs and Trade (in the past, an international organization that tried to encourage international trade and reduce taxes on imports; the agreement by which this organization was created. GATT was replaced by the WTO in 1994.)
See the Oxford Advanced American Dictionary entry: GATT