What organization emerged from the GATT, starting January 1, 1995, with expanded responsibilities and global interaction?
A) the Doha round
B) the World Trade Organization
C) the United Nations
D) the Institute for International Economics

Question

Quizplus · Accepted Answer

The World Trade Organization (WTO) emerged from the GATT (General Agreement on Tariffs and Trade) on January 1, 1995, with expanded responsibilities and global interaction. The WTO is responsible for overseeing international trade agreements, resolving trade disputes, and enforcing trade rules among its member countries.

What Organization Emerged from the GATT, Starting January 1, 1995