In which year was the World Trade Organization (WTO) founded?

The World Trade Organization (WTO) was established in 1995, succeeding the General Agreement on Tariffs and Trade (GATT), which had been created in 1947. The founding of the WTO marked a significant development in the regulation and facilitation of international trade, as it provided a structured framework for negotiating trade agreements and resolving trade disputes among member countries.

Understanding the historical context is crucial when considering the choices provided. The years listed before 1995, which include 1945, 1955, 1965, and 1975, do not represent the correct founding year of the WTO or any related institutions that transitioned into it. Therefore, recognizing that the WTO is a product of developments that occurred well after the mid-20th century helps clarify that the correct answer is not one of the choices given.