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In which year was the World Trade Organi...

In which year was the World Trade Organization established?

A

1952

B

1942

C

1947

D

1995

Text Solution

Verified by Experts

The correct Answer is:
D
The WTO officially commenced on 1 January 1995 and signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It is the largest international economic organization in the world.
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