Which organization preceded the WTO?
GATT
The General Agreement on Tariffs and Trade (GATT) was signed in 1947 at Geneva and governed world trade from 1948.
The Uruguay Round led to the Marrakesh Agreement (1994), and GATT was replaced by the World Trade Organization (WTO) on 1 January 1995.
The IMF and the World Bank were set up after the Bretton Woods Conference (1944) and still exist alongside the WTO.
UNDP (1965) is the UN’s development agency and is not related to trade rules.
Hence, GATT.
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