World Trade organization is the new name of?

A) World Bank

B) I.M.F

C) GATT

D) I.F.D

GATT  stands for General Agreement on Tariffs and Trade.Its purpose was to promote international trade by reducing trade barriers such as tariffs.  It was signed by 23 nations in Geneva on October 1947, and came into force on 1 January 1948.  World Trade Organization (WTO) replaced GATT on 1 January 1995.

Related MCQs:
  1. Organization of World Trade Organization is in:
  2. The Headquarters of the World Trade Organization (WTO) is located in:
  3. When did World Trade Organization (WTO) replace GATT?
  4. When did Pakistan join WTO (World Trade Organization)?