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Question

Political Science Question on International Organizations

Identify the correct statement about world Trade Organization.

A

It was established in 1994

B

All decisions are taken by the five dominant economics in the world

C

It formulates rules for national and international trade

D

It succeeded General Agreement on Trade and Tariffs(GATT)

Answer

It succeeded General Agreement on Trade and Tariffs(GATT)

Explanation

Solution

The correct answer is (D): It succeeded General Agreement on Trade and Tariffs(GATT)