Multiple choice

The World Trade Organisation (WTO) was earlier known as

  1. UNCTAD

  2. GATT

  3. UNO

  4. IMF

  5. IBRD

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

The World Trade Organization (WTO), established in 1995, succeeded the General Agreement on Tariffs and Trade (GATT). While GATT was a treaty-based framework for trade negotiations since 1947, the WTO is a permanent institution with enforcement powers and a broader scope.