For the 70 years preceding 1994, international trade policies have been governed
A) by the World Trade Organization.
B) by the International Monetary Fund.
C) by the World.
D) by an international treaty known as the General Agreement on Tariffs and Trade (GATT).
E) by the North American Free Trade Agreement (NAFTA).

Question

Quizplus · Accepted Answer

The General Agreement on Tariffs and Trade (GATT) was the international treaty that governed international trade policies for the 70 years preceding 1994. It was replaced by the World Trade Organization (WTO) in 1995, which continues to govern international trade policies.

For the 70 Years Preceding 1994, International Trade Policies Have