The question asks us to identify the event that is not correctly matched with the year it happened. Let`s dissect each option to better understand them.
Option 1: Inauguration of the SWIFT system of electronic interbank fund transfers worldwide—1985
The SWIFT system was indeed inaugurated in 1985. It is a messaging network that enables financial institutions worldwide to send and receive information about financial transactions.
Option 2: Conclusion of the Uruguay Round of GATT—1994
The Uruguay Round of the General Agreement on Tariffs and Trade (GATT) did conclude in 1994. It was a series of negotiations that led to the creation of the World Trade Organization (WTO).
Option 3: Inauguration of the World Trade Organization—1995
The World Trade Organization (WTO) was indeed inaugurated in 1995. It replaced the GATT and is responsible for regulating international trade among its member countries.
Option 4: Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
This statement is also correct. The Nasdaq stock exchange was established in 1971 as the world`s first fully electronic stock market. It played a significant role in modernizing stock trading.
Based on our analysis,