Chapter 7 - The multilateral trade and investment framework. The main goals of this chapter are to: Provide a history of the development of the current world trading system, leading to a better understanding of the current international trade framework; explain the functioning, the achievements and the problems faced by the General Agreement on Tariffs and Trade (GATT); outline the new features of the World Trade Organisation (WTO). | Lecture International trade and investment 2 e Chapter 7 - John Gionea