Perhaps the most important accomplishment of the Uruguay round of GATT talks was the establishment of the __________.
A)World Trade Organization
B)Asian Development Bank
C)World Bank
D)International Monetary Fund
E)International Finance Corporation

Question

Quizplus · Accepted Answer

The Uruguay Round of the General Agreement on Tariffs and Trade (GATT) talks, which concluded in 1994, led to the establishment of the World Trade Organization (WTO) in 1995. The WTO succeeded GATT as the global organization overseeing international trade rules.

Perhaps the Most Important Accomplishment of the Uruguay Round of GATT