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The Standard Model

The World Tra...

Question

The World Trade Organization (WTO) was earlier known as which of the following?

A

UNICEF

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B

GATT

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C

UNCTAD

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D

FAO

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E

None of these

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Solution

The correct option is B
GATT

WTO (1 January 1995) is a successor to the General Agreement on Tariffs and Trade (GATT) which was established in the wake of the Second World War in the year 1948.

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