Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: Globalisation

Question:

The World Trade Organisation which sets the rules of global trade was created in which year?

Options:

1993

1995

1990

1996

Correct Answer:

1995

Explanation:

The correct answer is option (2) - 1995

The World Trade Organisation (WTO) is an international organisation which sets the rules for global trade. This organisation was set up in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) created after the Second World War.