Asked by nikki scalera on Jul 05, 2024
Verified
The World Trade Organization was created as a result of the:
A) Geneva Convention.
B) Uruguay Round Agreements.
C) Bretton-Woods Conference.
D) Asian-Pacific Round.
Uruguay Round Agreements
A collection of treaties, negotiated through the General Agreement on Tariffs and Trade (GATT) that substantially liberalized world trade by reducing tariffs and establishing the World Trade Organization (WTO).
- Comprehend the functions and authority of global legal entities like the International Criminal Court and the World Trade Organization.
- Analyze the outcomes of key international treaties, such as the Geneva Convention, the Uruguay Round Agreements, and NAFTA.
Verified Answer
DC
Diana CarreiroJul 07, 2024
Final Answer :
B
Explanation :
The World Trade Organization (WTO) was created as a result of the Uruguay Round Agreements, which were a series of negotiations that took place between 1986 and 1994. These negotiations resulted in the creation of the WTO in 1995, with the aim of promoting free trade and facilitating global economic cooperation among its member countries.
Learning Objectives
- Comprehend the functions and authority of global legal entities like the International Criminal Court and the World Trade Organization.
- Analyze the outcomes of key international treaties, such as the Geneva Convention, the Uruguay Round Agreements, and NAFTA.
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