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WTO is servin...

Question

WTO is serving as the successor to which of the following organisations

a. General Agreement on Trade and Tariffs
b. General Arrangement on Trade and Tariffs
c. World Health Organisation
d. d. UN Development Programme

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Solution

The correct option is a.

Explanation

Earlier known as the General Agreement on Trade and Tariffs, WTO is responsible for framing rules and regulations for international trade. Its aim is to ensure smooth trade among the nation states.

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Standard XII Economics