The Uruguay Round extended GATT to cover services as well as manufactu

QUESTION

The Uruguay Round extended GATT to cover services as well as manufactured goods.

Indicate whether the statement is true or false.

 

ANSWER

TRUE
The Uruguay Round reduced trade barriers; extended GATT to cover services as well as manufactured goods; provided enhanced protection for patents, trademarks, and copyrights; and established the World Trade Organization to police the international trading system.

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