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MA Political Science WTO — Origins — practice questions

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WTO — Origins questions and exercises with answers

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The WTO succeeded which organization?Read the answer and worked solution →

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The WTO succeeded which organization?

  1. GATT (General Agreement on Tariffs and Trade)
  2. IMF
  3. IBRD
  4. OPEC
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Correct answer: A. GATT (General Agreement on Tariffs and Trade)

1. WTO came into force on 1 January 1995. 2. GATT (1947) provided the framework rules but no organization. 3. WTO administers trade agreements and disputes. __Source: syllabus Contemporary World Politics — globalisation institutions__

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