Question

2. "by the early 1990s the world trade was reshaping itself into three major economic block. Justify the statement ans​

Answer 1

The World Trade Organization (WTO) came into existence on 1 January 1995 which replaced the General Agreement on Trade and Tariffs (GATT). WTO is the result of Marrakesh Agreement, to which 123 nations were the signatories. ... [1] WTO, after 1995 laid the strong and prospering foundation for the economic growth

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