The World Trade Organization was created in the year 1995 in order to stimulate negotiations among member nations to reduce barriers to international trade. Therefore, the option B holds true.
The formation of the World Trade Organization was done in order to lead the emergence of better foreign policies on international trade, where the member nations came in close contact with each other for mutual economic benefits.
Only the member nations got benefited with the services of the World Trade Organization. Ever since its formation in the year 1995, the practices of international trade, including imports and exports, have experienced a sustainable growth.
Therefore, the option B holds true and states regarding the significance of the World Trade Organization.
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The question seems to be incomplete. It has been added below for better reference.
In 1995, the _____ was created to stimulate negotiations among member nations to reduce barriers to international trade.
A. World Health Organization
B. World Trade Organization
C. International Trade Organization
D. United Nations Organization
