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  1. WTO came into existence at the conclusion of which round of GATT?
    1. Singapore
    2. Uruguay
    3. Tokyo
    4. Marrakesh
Correct Option: D

The World Trade Organization (WTO) is as organization that supervises and liberalizes international trade. It commenced on 1 January 1995 under the Marrakesh Agreement replacing the General Agreement on Tariffs and Trade (GATT).


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