TeachMeFinance.com - explain Multilateral trade negotiations (MTN)
Multilateral trade negotiations (MTN) The term 'Multilateral trade negotiations (MTN) ' as it applies to the area of agriculture can be defined as ' Negotiations between General Agreement on Tariffs and Trade (GATT) member nations that are conducted under the auspices of the GATT and that are aimed at reducing tariff and nontariff trade barriers. The World Trade Organization has now replaced the GATT as the administrative body'.
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