The WTO was established on 1 January 2005 upon the decisions taken at the Uruguay Round. The WTO is an international organization that deals with the multilateral trading system and its rules. The WTO operates as the successor of the GATT without terminating its existence. The GATT or as it is usually referred as, the GATT 1994, has still been the most comprehensive agreement with the WTO structure.

As also understood from the information given, all of the statements in the options about the World Trade Organization (WTO) are correct, so the correct answer is E.