The predecessor organisation to World Trade Organisation was
(
This question was previously asked in
Shift 01/06/2023 8:30 AM - 11:30 AM
A
International Bank for Reconstruction and Development (IBRD)
B
International Monetary Fund (IMF)
C
Reserve Bank of India (RBI)
D
General Agreement on Tariffs and Trade (GATT)
Correct Answer
General Agreement on Tariffs and Trade (GATT)
Detailed Explanation
1. The World Trade Organization came into being in 1995. One of the youngest of the international organizations, the WTO is the successor to the General Agreement on Tariffs and Trade (GATT) established in the wake of the Second World War.
2. The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries.
3.The International Bank for Reconstruction and Development (IBRD) is a global development cooperative owned by 189 member countries.
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