Question

What year did foreign trade open up?


2004


1991

Answer 1

It is not accurate to say that foreign trade opened up in a specific year, as trade between countries has been conducted throughout history. However, there have been significant milestones and changes in trade policies that have expanded and liberalized international trade. For example, in 1991, the Uruguay Round of trade negotiations was concluded, resulting in the establishment of the World Trade Organization (WTO) and increased trade liberalization.