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The World Trade Organization (WTO) was officially established on January 1, of which year?

A) 1989
B) 1991
C) 1995
D) 2001

Correct Answer: C) 1995

The WTO officially commenced on January 1, 1995, under the Marrakesh Agreement. It replaced the General Agreement on Tariffs and Trade (GATT), which had been in place since 1948.

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