Final answer:
The World Trade Organization (WTO) was created in 1995 to deepen the Bretton Woods system on the trade side. It replaced the General Agreement on Tariffs and Trade (GATT) established in 1947.
Step-by-step explanation:
The creation of the World Trade Organization (WTO) deepened the Bretton Woods system in terms of trade. The WTO was officially established in 1995 as a transformation of the General Agreement on Tariffs and Trade (GATT), which was signed in 1947. The GATT provided a platform for nations to negotiate trade-related issues, and its conversion into the WTO further strengthened global trade regulations and enforcement.