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Question

Q49) Which round of GATT negotiations led to the birth of WTO


A

a) Havana round

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B

b) Kennedy round

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C

c) Tokyo round

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D
d) Uruguay round
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Solution

The correct option is D d) Uruguay round

Ans: D

Explanation: The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties". The Round led to the creation of the World Trade Organization, with GATT remaining as an integral part of the WTO agreements


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