Multiple choice

The World Trade Organization (WTO) was earlier known as

  1. UNICEF

  2. GATT

  3. UNCTAD

  4. FAO
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The WTO (established 1995) succeeded GATT (General Agreement on Tariffs and Trade), which was created in 1947 to reduce trade barriers through negotiations. GATT was a provisional treaty, while WTO is a permanent organization with dispute settlement authority.

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