The Uruguay Round replaced the General Agreement on Tariffs and Trade (GATT)with _____.
A) the European Union (EU)
B) the World Trade Organization (WTO)
C) the North American Free Trade Agreement (NAFTA)
D) the International Monetary Fund (IMF)

Question

Quizplus · Accepted Answer

The Uruguay Round of trade negotiations, which took place from 1986 to 1994, resulted in the creation of the World Trade Organization (WTO) to replace the General Agreement on Tariffs and Trade (GATT).

The Uruguay Round Replaced the General Agreement on Tariffs and Trade