The Basic Underlying Principle of GATT Was

Multiple Choice

The basic underlying principle of GATT was:

A) free and equal trade.
B) it was unethical to form trade blocs by the developed nations.
C) that free trade was unrealistic and damaging to individual nations.
D) that tariff barriers were important for the development of a country.
E) that the MFN concept was anti-trade and discriminatory in nature.