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When did the World Trade Organisation come into force?

1. 2nd January, 1948
2. 1st January, 1995
3. 12th January, 1948
4. 15th January, 1946

Correct answer: 1st January, 1995

Solution

The World Trade Organisation (WTO) was established to regulate international trade and came into force on 1 January 1995. It replaced the General Agreement on Tariffs and Trade (GATT) as the main multilateral trade body.

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