Multiple choice

The WTO (World Trade Organization) was established on

  1. 1st January 1994

  2. 1st January 1995

  3. 1st January 1996

  4. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The WTO officially came into existence on January 1, 1995, replacing the General Agreement on Tariffs and Trade (GATT) as the global international organization overseeing trade rules between nations. The Marrakesh Agreement, which established the WTO, was signed in April 1994 and came into effect on January 1, 1995.