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     EduGorilla 
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    Direction: Read the given passage and answer the questions that follow.
    The average tariff levels for the major GATT participants were about 22 percent in 1947. As a result of the first negotiating rounds, tariffs were reduced in the GATT core of the United States, United Kingdom, Canada, and Australia, relative to other contracting parties and non-GATT participants. By the Kennedy round (1962–67), the average tariff levels of GATT participants were about 15%.[2] After the Uruguay Round, tariffs were under 5%.

    TRIPS was negotiated during which round of GATT?

    Options :-

    1. Montreal Round
    2. Tokyo Round
    3. Geneva Round
    4. Uruguay Round
    5. Dillon Round
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Reply To: Direction: Read the given passage and answer the questions that follow. The average tariff levels fo….
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