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

Question

Quizplus · Accepted Answer

The GATT (General Agreement on Tariffs and Trade) was established in 1948 and was replaced by the WTO (World Trade Organization) in 1995. Therefore, the correct answer is A). NAFTA (North American Free Trade Agreement) and the Smoot-Hawley Tariff are not relevant to the question.

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