Which round of international trade negotiations resulted in the creation of the World Trade Organization ?
Correct answer: C. Uruguay Round of 1986-1993
- A. Kennedy Round of 1964-1967
- B. Tokyo Round of 1973-1979
- C. Uruguay Round of 1986-1993
- D. Doha Round of 2003-2007
Explanation
The Uruguay Round, conducted from 1986 to 1993, concluded with the Marrakesh Agreement, which created the World Trade Organization in 1995. The earlier Kennedy and Tokyo rounds produced further GATT agreements but not the WTO.
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