The General Agreement on Tariffs and Trade (GATT)was established in 1947.It has more recently been replaced by the

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The General Agreement on Tariffs and Trade (GATT) was replaced by the World Trade Organization (WTO) in 1995. The WTO serves as the global organization that regulates international trade and settles disputes between member countries. Choice A, the European Union, is a regional organization focused on economic and political integration among European countries. Choice B, the North American Free Trade Agreement (NAFTA), is a trade agreement between the United States, Canada, and Mexico. Choice C, the Second General Agreement on Trade and Tariffs (GATT 2), does not exist. Choice E, the United Nations Council for Free and Fair Trade (UNCFFT), is not a real organization.

The General Agreement on Tariffs and Trade (GATT)was Established in 1947.It