1. The predecessor to the WTO, which governed international trade rules from 1948, was:
- A. World Bank
- B. OECD
- C. GATT (General Agreement on Tariffs and Trade)
- D. IMF
Answer: GATT (General Agreement on Tariffs and Trade)
Explanation: GATT (General Agreement on Tariffs and Trade) — verified fact for Global Trade Relations Quiz.
Explanation: GATT (General Agreement on Tariffs and Trade) — verified fact for Global Trade Relations Quiz.