alleryThe WTO succeeded GATT. What does GATT stand for?
AGlobal Agreement on Trade and Tariffs
BGeneral Arrangement on Trade and Taxes
CGeneral Agreement on Tariffs and Trade
DGeneral Alliance for Trade and Tariffs
Answer & Solution
Correct answer: C. General Agreement on Tariffs and Trade
GATT is the General Agreement on Tariffs and Trade, the pact that the WTO replaced in 1995.
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