The World Trade Organization came into existence on
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April 1, 1948
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May 1, 1975
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August 1, 1988
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January 1, 1995
D
Correct answer
Explanation
The World Trade Organization (WTO) officially began operations on January 1, 1995, following the Marrakesh Agreement. It replaced the General Agreement on Tariffs and Trade (GATT), which had regulated international trade since 1948. This change created a more permanent and robust framework for global trade disputes and negotiations.