Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following organisation is the predecessor of World Trade Organisation? |
GAT GATT GTTA WTA |
| GATT |
| In 1948, to liberalise the world from high customs tariffs and various other types of restrictions, General Agreement for Tariffs and Trade (GATT) was formed by some countries. In 1994, it was decided by the member. countries to set up a permanent institution for looking after the promotion of free and fair trade amongst nation and the GATT was transformed into the World Trade Organisation from 1st January 1995. |
