World Trade Organization was founded in

The World Trade Organization WTO was created in 1995 as the successor to the General Agreement on Tariffs and Trade also called GATT. It was established to regulate and support international trade between nations. The WTO ensures that trade flows smoothly fairly and predictably. It provides a forum for negotiating agreements and resolving disputes. With more than 160 members it plays a central role in world economics. The WTO also helps developing countries by giving technical assistance. Its establishment in 1995 marked a new era of trade regulation at the global level. Therefore option D is the correct answer.