Final answer:
In the context of international free trade efforts, the General Agreement on Tariffs and Trade (GATT) is the correct answer, as it is a global agreement focused on reducing international trade barriers.
Step-by-step explanation:
The international approach to free trade includes multiple agreements aimed at reducing tariffs and other barriers to international trade. Among the options provided:
- a. North American Free Trade Agreement (NAFTA) - This is a well-known regional trading agreement involving the United States, Canada, and Mexico, designed to facilitate trade by eliminating trade barriers. It has since been replaced by the United States-Mexico-Canada Agreement (USMCA).
- b. General Agreement on Tariffs and Trade (GATT) - This is a global trade agreement that was aimed at reducing tariffs and other trade barriers internationally and was superseded by the World Trade Organization (WTO).
- c. Latin American Integration Association - This is a trade bloc in Latin America aiming to establish a common market.
- d. European Free Trade Association (EFTA) - This is a regional trade organization in Europe consisting of non-EU countries.
While all these options pertain to free trade efforts, the correct answer in the context of an international approach that is not limited to the United States is b. General Agreement on Tariffs and Trade (GATT).