Purpose of the general agreement on tariffs and trade

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What is the purpose of the General Agreement on Tariffs and Trade (currently known as WTO framework)?

To devalue currencies and limit cross-border movement of funds.

To overcome shortages of private capital to make loans for rebuilding war-torn nations.

To raise the cost of imports, making them less competitive with similar domestic goods.

To expand trade by eliminating discriminatory barriers.

Reference no: EM131366938

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