What is the difference between the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) regarding the monitoring of international trade?
A. The WTO and the GATT work together to monitor trade agreements among their respective member nations.
B. The WTO sponsored negotiations regarding the expansion of international trade that the GATT seeks to extend and support.
C. The GATT formerly was involved in the creation of international trade agreements, but the WTO is responsible for monitoring those agreements.
D. The GATT monitors free trade agreements regarding tariffs, whereas the WTO monitors international trade in general.