In which year was WTO i.e. World Trade Organisation founded?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: 1995
The WTO was founded in 1995 as the successor organisation to the General Agreement on Trade and Tariff (GATT). GATT was established in 1948 with 23 countries as the global trade organisation to administer all multilateral trade agreements by providing equal opportunities to all countries in the international market for trading purposes.