In 1995 ________, which was established in 1948, was replaced by ________.
A)the GATT; the WTO
B)the WTO; NAFTA
C)the Smoot-Hawley Act; the GATT
D)NAFTA; the Smoot-Hawley Act

Question

Quizplus · Accepted Answer

The General Agreement on Tariffs and Trade (GATT) was replaced by the World Trade Organization (WTO) in 1995. NAFTA (North American Free Trade Agreement) and the Smoot-Hawley Act are not relevant to the establishment and replacement of GATT/WTO.

In 1995 ________, Which Was Established in 1948, Was Replaced