CA Foundation P4 · Chapter 9 · Question 8 of 15
The World Trade Organization (WTO), which replaced GATT, came into existence on:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) 1 January 1995
Explanation
GATT came into force in 1948. The Uruguay Round agreements were signed at Marrakesh on 15 April 1994, establishing the WTO, which began functioning on 1 January 1995.
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