Questão 745308

LÍNGUA INGLESA

WORLD TRADE ORGANIZATION (WTO)

Following World War II, the major economic powers of the world negotiated a set of rules for reducing and limiting trade barriers and for settling trade disputes. These rules were called the General Agreement on Tariffs and Trade (GATT). Headquarters to oversee the administration of the GATT were established in Geneva, Switzerland. Periodically, rounds of multilateral trade negotiations under the GATT were carried out. The 8th round begun in 1986 in Punta del Este, Uruguay, and dubbed the Uruguay Round, was concluded on Dec. 15, 1993, when 117 countries completed a new trade-liberalization agreement. The name for the GATT was changed to the World Trade Organization (WTO), which officially came into being Jan.1, 1995.

Which of the following statements does not reflect the content of the text?