the.com/trade agreements
nations promising to be nice to each other's exports, in writing, with lawyers present.
means formal deals between countries that lower tariffs and set rules for how goods, services, and money cross borders.
from traces back to 19th-century bilateral tariff treaties, but the modern era starts with GATT in 1947, built from the rubble of trade wars that helped detonate the Great Depression.
gatt to wtogatt evolved into the wto in 1995
longest negotiationnafta talks alone spanned over a decade of revisions
rules of origina shirt can be legally from three countries at once
dispute panelscountries can sue each other and actually collect