The General Agreement on Tariffs and Trade was replaced by the
Correct answer: A. World Trade Organization
- A. World Trade Organization
- B. North American Free Trade Agreement
- C. Multilateral Trade Agreement
- D. General Agreement on Trade and Development
Explanation
The World Trade Organization replaced the GATT framework in 1995 and extended multilateral trade rules beyond tariffs to areas such as services and intellectual property. GATT itself began as an agreement rather than a fully fledged international organisation.
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