WBCS.LIVE practice question

_____ was established in 1948 with 23 countries as a global trade organization to administer all multilateral trade agreements.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. World Trade Organization
  2. International Reclprocal Trade Association
  3. General Agreement on Tariffs and Trade
  4. World Chamber of Commerce

Correct answer and explanation

Correct answer: General Agreement on Tariffs and Trade