Exploring the Impact of the Marshall Plan in International Trade

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Questions and Answers

Which organization developed the Marshall Plan to assist Europe in rebuilding after World War II?

  • United States (correct)
  • World Trade Organization
  • European Union
  • United Nations

When did the GATT become part of the World Trade Organization?

  • 1945
  • 1965
  • 1985
  • 1995 (correct)

What was the purpose of the Marshall Plan?

  • To promote international trade
  • To establish the World Trade Organization
  • To spread communism throughout the world
  • To assist Europe in rebuilding after World War II (correct)

What was the United States' goal in developing the Marshall Plan?

<p>To assist Europe in rebuilding after World War II (A)</p> Signup and view all the answers

What event led to the development of the Marshall Plan?

<p>World War II (B)</p> Signup and view all the answers

Which country developed the Marshall Plan to assist Europe in rebuilding after World War II?

<p>United States (A)</p> Signup and view all the answers

When did the GATT become part of the World Trade Organization?

<p>1995 (C)</p> Signup and view all the answers

What was the main goal of the United States in developing the Marshall Plan?

<p>To establish capitalism worldwide (D)</p> Signup and view all the answers

What was the purpose of the GATT?

<p>To promote free trade (C)</p> Signup and view all the answers

What event led to the development of the Marshall Plan?

<p>World War II (D)</p> Signup and view all the answers

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Study Notes

The Marshall Plan

  • The United States developed the Marshall Plan to assist Europe in rebuilding after World War II.
  • The purpose of the Marshall Plan was to provide economic aid to war-torn Europe and prevent the spread of communism.
  • The main goal of the United States in developing the Marshall Plan was to promote economic stability and prevent the spread of communism in Europe.

GATT and WTO

  • The GATT (General Agreement on Tariffs and Trade) became part of the World Trade Organization (WTO) in 1995.
  • The purpose of the GATT was to promote international trade and reduce tariffs and trade barriers.

Historical Context

  • The event that led to the development of the Marshall Plan was the devastation of World War II, which left Europe in a state of economic and political crisis.

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