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प्रश्न
State the objectives of WTO.
Briefly describe the objectives of the WTO.
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उत्तर १
- To provide a platform for negotiations in international trade.
- To handle the differences related to trade.
- Monitor the trade policies of member states.
- Providing technological assistance and training to developing countries.
उत्तर २
Objectives of the WTO:
- Promote multilateral trade among many nations.
- Progressive liberalisation; eliminate tariffs and other barriers in goods and services.
- Promote world trade so every member country benefits.
- Expand and utilise world resources optimally.
- Enhance competition among trading partners to benefit consumers.
संबंधित प्रश्न
Write the correct word - Import or Export for the following:
India buys crude oil from the Middle-East Asian countries.
Correct and rewrite the wrong statement:
International trade processes are easier than local trade.
Correct and rewrite the wrong statement:
SAARC works towards economic development and enhancing the social and cultural harmony of the South-East Asian countries.
What is the difference between the OPEC and APEC in terms of their functions?
In the following table, export-import of some countries in the year 2014-15 is given in million U.S. dollars. Make a compound bar graph of the given statistical information. Read the bar diagram carefully and comment upon the balance of payments of the respective countries.
| Country | Export | Import |
| China | 2143 | 1960 |
| India | 272 | 380 |
| Brazil | 190 | 241 |
| USA | 1510 | 2380 |
Write the correct word- Import or Export for the following.
Wheat is sent to Asian countries from Canada.
Write the correct word- Import or Export for the following.
Japan sends machine parts to APEC countries.
