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Question
Which one of the following agreements/treaties formed the World Trade Organisation?
Which one of the following agreements/treaties formed the World Trade Organisation?
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Solution
The correct option is C Marrakesh agreement
The World Trade Organization is the international organization whose primary purpose is to open trade for the benefit of all. The Agreement Establishing the World Trade Organization, commonly known as the "Marrakesh Agreement", was signed in Marrakesh, Morocco, on April 15, 1994. This Agreement defines the scope, functions and structure of the World Trade Organization (WTO). While the Marrakesh Agreement itself does not apply directly to your company, the WTO agreements in its Annexes provide a comprehensive set of rules designed to make it easier to compete in today's global marketplace.
The World Trade Organization is the international organization whose primary purpose is to open trade for the benefit of all. The Agreement Establishing the World Trade Organization, commonly known as the "Marrakesh Agreement", was signed in Marrakesh, Morocco, on April 15, 1994. This Agreement defines the scope, functions and structure of the World Trade Organization (WTO). While the Marrakesh Agreement itself does not apply directly to your company, the WTO agreements in its Annexes provide a comprehensive set of rules designed to make it easier to compete in today's global marketplace.
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