A PROJECT ON

GENERAL AGREEMENT OF TARIFF AND TRADE

(GATT)

IN THE SUBJECT

ECONOMICS OF GLOBAL TRADE AND FINANCE

SUBMITTED BY

SAGAR .S. JALUI

ROLL NO.: 019

DIVISION: A

UNDER THE GUIDANCE OF

PROF. JOSE AUGUSTINE
TO

UNIVERSITY OF MUMBAI
FOR
MASTER OF COMMERCE PROGRAMME (SEMESTER-I)
BUSINESS MANAGEMENT
YEAR: 2013-14

SVKMS
NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS
VILE PARLE (W), MUMBAI 400056.
 EVALUATION CERTIFICATE

This is to certify that the undersigned have assessed and

evaluated the project on General agreement of
tariff and trade (GATT) submitted by Sagar .S. Jalui,
student of M.Com. Part - I (Semester I) Business
Management, for the academic year 2013-14. This project
is original to the best of our knowledge and has been
accepted for Internal Assessment.

Name & Signature of Internal Examiner

Name & Signature of External Examiner

PRINCIPAL
Shri
Sunil .B. Mantri
 DECLARATION BY THE STUDENT

I, Sagar .S. Jalui, student of M.Com. (Part I) Business

Management, Roll No.: 019, hereby declare that the

project titled General agreement of tariff and trade

(GATT) for the subject ECONOMICS OF GLOBAL TRADE

AND FINANCE submitted by me for Semester I of the

academic year 2013-14, is based on actual work carried

out by me under the guidance and supervision of

PROF. JOSE AUGUSTINE, I further state that this work is

original and not submitted anywhere else for any

examination.

Place:
Date:

Name & Signature of Student

ACKNOWLEDGEMENT

It is indeed a great pleasure and proud privilege to present this project work.

I thank my project guide Prof. Jose Augustine and my M.Com.

Co-ordinator Prof. Harish Sharma of SVKMs Narsee Monjee College of
Commerce and Economics. Their co-operation and guidance have helped me
to complete this project.

I would sincerely like to thank the principal of our college

Shri Sunil B. Mantri for his support and guidance.

I would also like to thank the college library and staff for helping and guiding
me, the class representatives and my family and friends who supported me in
this project.
THANK YOU

CONTENT
Sr. No. PARTICULARS Page No.

CHAPTER I INTRODUCTION

1.1 Introduction 1
1.2 Objective of Research 3
1.3 Limitation of Research 3
CHAPTER II BRIEF HISTORY OF GATT

2.1 History 4
2.2 Countries that had Signed GATT by 1994 6
2.3 Basic Principle of GATT 11
2.4 Purpose & Benefit of GATT 15
2.5 GATT & India 18
CHAPTER III GATT NEGOTIATION ROUND

3.1 GATT Round 23

3.2 Role of GATT in International Trade 33
3.3 Why GATT was replaced by WTO 36
3.4 How WTO is different from GATT 39
CHAPTER IV CONCLUSION

4.1 Conclusion 40
APPENDIX

5.1 Bibliography 42
5.2 Webliograpy 42