Question

On which date was the World Trade Organisation (WTO) established?

Options

• 1 January 1948

• 1 January 1995

• 1 January 2001

• 1 January 1994

Answer 1

The WTO was established on 1 January 1995 as the successor to GATT (1948). Its creation marked the transition from the provisional GATT arrangement to a permanent institutional body governing global trade.