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When did the World Trade Organization (WTO) replace GATT?

When did the World Trade Organization (WTO) replace GATT?

  • (A) 1 January, 1995
  • (B) 1 January, 1998
  • (C) 1 December, 1999
  • (D) 1 June, 1980
The World Trade Organization (WTO) officially replaced the General Agreement on Tariffs and Trade (GATT) on 1 January 1995 under the Marrakech Agreement. While GATT had governed international trade since 1948, the WTO was created as its successor to oversee and manage the modern global trading system.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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