Which organisation replaced the General Agreement on Tariffs and Trade in 1995?
Answer and explanation
Correct answer: C. The World Trade Organization
- Step 1: The GATT had set trade rules since 1947. Step 2. The WTO took over in 1995 with a dispute settlement system. Answer: the World Trade Organization. Why not the others: the IMF and World Bank date from 1944 and the OECD has other aims.
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