Question
Which on the following is the largest international
economic organisation in the world?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.
Read the following statements thoroughly:
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