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Home Questions & Answers General Knowledge Question Answers Which of the following statements are not true?

    Which of the following statements are not true?

  • The General Agreement on Tariffs and Trade had regulated global trade since 1947
  • GATT was replaced by WTO in 1995
  • The Most Favoured nation under GATT provided that preferential trading agreements reached with one country should be reached with other countries
  • The WTO has been able to cover in its agreements the agriculture and textile sectors which are the principle concerns for the least developed nations