The trade agreement that represented the most significant change to the regulations governing global trade during the 1990s was the___________ .
A) Maastricht Treaty of Europe
B) North American Free Trade Agreement
C) World Trade Organization
D) Mercosur
E) Asian Free Trade Arrangement

Question

The trade agreement that represented the most significant change to the regulations governing global trade during the 1990s was the___________  .
A) Maastricht Treaty of Europe
B) North American Free Trade Agreement
C) World Trade Organization
D) Mercosur
E) Asian Free Trade Arrangement

Quizplus · Accepted Answer

GATT was a comprehensive trading agreement originally signed by 124 countries and provided the basic framework for the World Trade Organization agreement, which took the place of GATT in 1995.

The Trade Agreement That Represented the Most Significant Change to the Regulations