Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

How many countries were part of the original establishment of GATT in 1948?

Options:

12 countries

23 countries

45 countries

60 countries

Correct Answer:

23 countries

Explanation:

GATT was established in 1948 with the participation of 23 countries as a global trade organization to administer multilateral trade agreements and promote equal opportunities in the international market.