Multiple choice

GATT came into existence in

  1. 1946

  2. 1948

  3. 1950

  4. 1986

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

GATT (General Agreement on Tariffs and Trade) was signed in 1947 and came into force in 1948. It was a multilateral agreement to regulate international trade, which later became the foundation for the WTO. Option B is correct as 1948 marks when GATT actually came into existence.