GK
INTERNATIONAL ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Country A wants to make trade easier with Country B. Which organization might help?
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NATO
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United Nations
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Peace Corps
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WHO
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WTO
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Explanation:
Detailed explanation-1: -The General Agreement on Tariffs and Trade (GATT) was signed by 23 countries in October 1947, after World War II, and became law on Jan. 1, 1948. The purpose of the GATT was to make international trade easier. In 1995, the GATT was absorbed into the World Trade Organization (WTO), which extended it.
Detailed explanation-2: -The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments.
There is 1 question to complete.