Which of the following has overseen the global rules of government policy toward international trade since 1995?
A)The World Trade Organization
B)The General Agreement on Tariffs and Trade
C)The International Monetary Fund
D)The World Bank

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) has been overseeing global rules on government policy toward international trade since its establishment in 1995. The General Agreement on Tariffs and Trade (GATT) was the predecessor to the WTO, but it ceased to exist once the WTO was formed. The International Monetary Fund (IMF) and the World Bank focus more on international finance and economic development, respectively, than on international trade policy.

Which of the Following Has Overseen the Global Rules of Government