When did World Trade Organization replace General Agreement on Tariffs and Trade (GATT)?
A1st January 1998
B1st June 2000
C1st January 1995
D1st December 1999
Correct answer
C. 1st January 1995
Explanation
The World Trade Organization (WTO) replaced the General Agreement on Tariffs and Trade (GATT) on January 1, 1995.