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When was the World Trade Organisation set up?

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a

In 1995

b

In 1955

c

In 1985

d

In 2005

answer is A.

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Detailed Solution

The World Trade Organisation was set up in 1995.
The world trade organisation is a multilateral organisation that functions as a central body that facilitates global trade. The world trade organisation was set up in January 1995. The WTO provides a common platform for negotiating trade agreements between member states and resolving trade disputes. It manages 60 global and approximately 300 regional trade agreements. The 60 trade agreements have been given international legal status. The WTO consists of 164 member countries. Its headquarter is situated in Switzerland (Geneva).

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When was the World Trade Organisation set up?