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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
Which two countries were connected by the silk route?
Where are the headquarters of ASEAN?
When and how did slave trade begin?
Why were regional trade blocs formed?
What are the concerns related with international trade?
Explain how global trade affects many aspects of life.
What are the impacts of the negative balance of trade?
Which city is the headquarters of the Organization of Petroleum Exporting Countries (OPEC)?
Silk route was between ______.
Slave trade was abolished in the USA in ____________.
When exports are more than imports, trade is ______.
In which trading block is Iceland?
How many countries are there in OPEC?
Which is the largest trading partner of India?
Where is the headquarter of OPEC?
India's balance of trade is negative due to.
Which of the following is not a major trading partner of India ____________.
Diamond harbor is on the river ____________.
Which of these trade blocs has India as an associate member?
What does the Latin word 'Salarium' mean?
Underlying the application of the monopolistic competition model to trade is the idea that trade:
Which of the following describes composition of trade?
The silk route had a length of ______ km connecting Rome and China.
Which one of the following continents has the maximum flow of global trade?
Match the following.
| List I (Organisation) |
List II (Established) |
| A. ASEAN | 1. 1995 |
| B. WTO | 2. 1967 |
| C. NAFTA | 3. 1994 |
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.
