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When was world trade organization founded?
1991
1993
1995
1996
- Option 1: 1991: The World Trade Organization (WTO) was not founded in 1991. During this time, the General Agreement on Tariffs and Trade (GATT) was still in effect.
- Option 2: 1993: The WTO was not founded in 1993. However, this was around the time when countries were negotiating the creation of the WTO during the Uruguay Round of Multilateral Trade Negotiations.
- Option 3: 1995: The World Trade Organization was officially established on January 1, 1995. It marked a major shift from GATT, which was a temporary framework, to a formal international organization.
- Option 4: 1996: By 1996, the WTO had already been in existence for a year, actively working towards facilitating international trade.
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