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Question
Which of the following organisation issue the rules of global trade?
Which of the following organisation issue the rules of global trade?
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Solution
The correct option is B World Trade Organisation
The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. Since then, many other countries have joined the WTO. Lately, Afghanistan became the latest and the 164th country to join the WTO.
The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. Since then, many other countries have joined the WTO. Lately, Afghanistan became the latest and the 164th country to join the WTO.
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