Question

When was the World Trade Organization set up?
(a) 1978 (b) 1980
(c) 2001 (d) 1955

Answer 1

Answer:

Option ( D) is correct

Explanation:

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Answer 2

(d) 1955

Explanation:

The World Trade Organization (WTO) officially commenced on 1 January 1995 after 123 nations signed the Marrakesh Agreement. This newly signed agreement replaced the earlier General Agreement on Tariffs and Trade (GATT). Marrakesh agreement was signed on 15 April 1994. WTO is the largest international and intergovernmental economic organization in the world that is concerned with the regulation of international trade between nations.