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प्रश्न
What is the basic function of the World Trade Organisation?
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उत्तर
Basic function of World Trade Organisation is to act as an international organisation to deal with the global rules of trade between nations. It sets the rules for the global trading and resolves the disputes between member nations. It is a permanent institution for looking after the promotion of free and fair trade amongst nations. WTO also covers trade in services, such as telecommunication and banking, and other issues such as intellectual rights.
संबंधित प्रश्न
Why is it detrimental for a nation to have negative balance of payments?
How do nations gain from International Trade?
What is dumping?
Where are the headquarters of ASEAN?
Where are the headquarters of LAIA?
Name the packet stations across the English Channel?
Explain how geological structures, mineral resources and climate are the bases of international trade.
Explain how global trade affects many aspects of life.
Name the regional trade bloc of which India is a member.
GATT was formed in ____________.
When exports are more than imports, trade is ______.
In which year GATT was formed?
Where is the headquarter of OPEC?
India's balance of trade is negative due to.
Diamond harbor is on the river ____________.
Artificial harbor of India.
Which of these trade blocs has India as an associate member?
Which of the following is an aspect of international trade?
The act of opening up economies for trading Is known as ____________.
Trade between two countries can be useful if cost ratios of goods are:
Underlying the application of the monopolistic competition model to trade is the idea that trade:
What is the main motive of OPEC countries?
Where is the Headquater of WTO located?
I. The WTO however has been criticized and opposed by those who are worried about the effects of Free trade and economic globalization.
II. Free trade does not make ordinary people‟s lives more prosperous.
Explain how, in modern times, trade is the basis of world's economic organisation and is related to the foreign policy of the nations.
On the given political map of the World, seven geographical features have been marked as A, B, C, D, E, F and G. Identify any five with the help of the following information and write their correct names on the lines drawn near each feature.
- A major seaport.
- An international airport.
- An important Seaway.
- An area of subsistence gathering in South America.
- An important seaport of Asia.
- An area of Nomadic Herding.
- Region of extensive commercial grain agriculture.
