In 1995, the ______________ was established to administer the new global trade rules agreed in the Uruguay Round of multilateral trade negotiations.

Question

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The World Trade Organization (WTO) was established in 1995 to administer the new global trade rules agreed upon in the Uruguay Round of multilateral trade negotiations. The other organizations listed, such as the Organization for Economic Cooperation and Development (OECD), General Agreement on Tariffs and Trade (GATT), and United Nations, do not specifically administer global trade rules. The GATT, however, was replaced by the WTO in 1995.

In 1995, the ______________ Was Established to Administer the New