253. GATT (General Agreement on Tariffs and Trade) is

A. international agreement signed in 1947 between non-communist nations with the object of encouraging
B. agreement which seeks to achieve its aim by arranging and encouraging bargaining with trade concession
C. Both option A and B
D. None of the above
✅ The correct answer is option C.
GATT (General Agreement on Tariffs and Trade) is international agreement signed in 1947 between non-communist nations with the object of encouraging and agreement which seeks to achieve its aim by arranging and encouraging bargaining with trade concession.

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