The General Agreement on Tariffs and Trade (GATT) was transformed into the World Trade Organization in ______.

The correct option is 1995.

The General Agreement on Tariffs and Trade (GATT) was a legal agreement signed on October 30, 1947, by 23 countries. It was designed to minimize barriers to international trade by reducing tariffs, quotas, and subsidies.

While GATT was successful in promoting free trade for several decades through various negotiating rounds, it lacked a formal institutional structure. To address these limitations, the Uruguay Round of multilateral trade negotiations (which took place from 1986 to 1994) culminated in the Marrakesh Agreement.
This agreement officially established the World Trade Organization (WTO) to succeed GATT. The WTO officially commenced its operations on January 1, 1995, thereby transforming and absorbing the functions of GATT into a robust global international organization.