The GATT was replaced by the World Trade organization in:
Correct answer: C. January 1995
- A. January 1996
- B. December 1995
- C. January 1995
- D. January 1994
Explanation
The WTO began operating on 1 January 1995 under the Marrakesh Agreement, replacing the provisional GATT framework as the principal institution governing world trade. December 1995 refers to neither the WTO's launch nor its legal replacement of GATT.
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