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The General Agreement on Tariffs and Trade (GATT) signed in 1947 was replaced in 1995 by the:

AWorld Trade Organization (WTO)
BInternational Monetary Fund (IMF)
COrganization for Economic Cooperation and Development (OECD)
DWorld Economic Forum (WEF)

Explanation

The Marrakesh Agreement of 1994 transformed GATT into the permanent World Trade Organization (WTO) on January 1, 1995.

Exam Relevance
  • Topic: International Political Economy
  • Subtopic: Trade Governance
Submitted by: mcqstutor Team More Political Science MCQs →

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