Explain the basic principles, objectives and functions of WTO trading system.
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was officially launched at jan 1 1995 replacing GAAT, Uruguay Round GAAT.gave birth to wto.the signed on a agreement in April 1994 Morocco for establishing a new organisation name wto GAAT was an informal organisation which regained world trade since 1948 . its an organisation for trade opening. it governs not only in goods but also in services. a forum for membet gvt.tonegotiate multi related trade agreements.
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