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

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

1995

What was the purpose of the Marshall Plan?

To assist Europe in rebuilding after World War II

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

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

What event led to the development of the Marshall Plan?

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

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

<p>1995</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</p> Signup and view all the answers

What was the purpose of the GATT?

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

What event led to the development of the Marshall Plan?

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

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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