Question

The _____ is the most ambitious global trade agreement ever negotiated; the agreement has reduced tariffs by one-third worldwide. Group of answer choices Uruguay Round Mercosur GATT NAFTA Maastricht Treaty

Answer 1

Uruguay Round is the correct answer.

Step-by-step explanation:

Adopted in 1994, Uruguay Round is now spread among 148 nations. it lowers trade barriers across and along the whole world. Uruguay Round is also known because it covers, for the first time, services, intellectual property rights, and trade-related investment measures such as exchange controls, according to BCCampus Open Education.