Question -
The World Trade Organisation (W.T.O) came into effect in
Options:
A .  1997
B .  1995
C .  1990
D .  1993
Answer: Option B Answer: (b)The World Trade Organization (WTO) that supervises and liberalizes international trade officially commenced on 1 January 1995 under the Marrakech Agreement. It replaced the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.
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