Classifier Instance:

Anchor text: International Trade Organization (ITO)
Target Entity: International_Trade_Organization
Preceding Context: The Smoot-Hawley Tariff was a reflection of Republican Party policy. In his 1932 election campaign platform Franklin Delano Roosevelt pledged to lower tariffs. He and the now-Democratic Congress did so in the Reciprocal Trade Agreements Act of 1934. As the name suggests, this allowed the President to negotiate tariff reductions on a bilateral basis, and also treated such tariff agreements as regular legislation, requiring a majority, rather than as a treaty that required a two-third vote. This set one of the core components of the trade negotiating framework that developed after World War II. The tit-for-tat responses of other countries were understood to have contributed to a sharp reduction of trade in the 1930s. After World War II this undergirded a push towards multi-lateral trading agreements that would prevent a similar situation from unfolding. While the Bretton Woods Agreement of 1944 focused on foreign exchange and did not directly address tariffs, those involved wanted a similar framework for international trade. President Harry S. Truman launched this process in December 1945 with negotiations for the creation of the
Succeeding Context: . As it happened, separate negotiations on the General Agreement on Tariffs and Trade (GATT) moved more quickly, with an agreement signed in October 1947; in the end, the US never signed the ITO agreement. Adding a multilateral "most-favored-nation" component to that of reciprocity, the GATT served as a framework for the gradual reduction of tariffs over the subsequent half century.
Paragraph Title: End of the tariffs
Source Page: Smoot–Hawley Tariff Act

Ground Truth Types:

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Predicted Types:

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wordnet_event_100029378-1.1770746681507869 0
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yagoGeoEntity-0.5098859562037762 0
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