Question: Explain the elements discussed in the GATT Round of Multilateral Trade Negotiations in round one and two. What were the challenges encountered in the negotiation?

Explain the elements discussed in the GATT Round of Multilateral Trade Negotiations in round one and two. What were the challenges encountered in the negotiation? Were there any new issues introduced in the negotiations? Finally, outline in detail, the outcome of the said round of negotiations, including any unresolved issues.

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