Multiple Choice QuestionWhich organization was established in 1947 to promote trade among member nations by eliminating trade barriers and fostering financial cooperation?Multiple choice question.The World BankThe International Monetary FundThe General Agreement on Tariffs and TradeThe World Trade Organization
Question
Multiple Choice QuestionWhich organization was established in 1947 to promote trade among member nations by eliminating trade barriers and fostering financial cooperation?Multiple choice question.The World BankThe International Monetary FundThe General Agreement on Tariffs and TradeThe World Trade Organization
Solution 1
The correct answer is "The General Agreement on Tariffs and Trade". This organization was established in 1947 with the aim of reducing trade barriers through multilateral negotiations.
Solution 2
The correct answer is "The General Agreement on Tariffs and Trade". This organization was established in 1947 with the aim of reducing trade barriers and promoting trade among member nations. The other organizations mentioned, while involved in global finance and trade, were not specifically established for this purpose in 1947.
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