Question

    Which on the following is the largest international

    economic organisation in the world?
    A World Trade Organization Correct Answer Incorrect Answer
    B International Monetary Fund Correct Answer Incorrect Answer
    C United Nations Conference on Trade and Development Correct Answer Incorrect Answer
    D General Agreement on Tariffs and Trade (GATT) Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It is the largest international economic organisation in the world. The Headquarter of WTO is in Geneva, Switzerland.

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