Which trade agreement represented the most significant change to the regulations governing global trade during the 1990s?
A)Maastricht Treaty of Europe
B)North American Free Trade Agreement
C)General Agreement on Tariffs and Trade
D)Mercosur

Question

Which trade agreement represented the most significant change to the regulations governing global trade during the 1990s?
A)Maastricht Treaty of Europe  
B)North American Free Trade Agreement  
C)General Agreement on Tariffs and Trade  
D)Mercosur

Quizplus · Accepted Answer

The General Agreement on Tariffs and Trade (GATT) was replaced by the World Trade Organization (WTO) in 1995, representing a significant change in global trade regulations by providing a more structured and formalized system for international trade.

Which Trade Agreement Represented the Most Significant Change to the Regulations