मराठी

What is the basic function of the World Trade Organisation?

Advertisements
Advertisements

प्रश्न

What is the basic function of the World Trade Organisation?

टीपा लिहा
Advertisements

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.

shaalaa.com
History of International Trade
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: International Trade - Exercises [पृष्ठ ९०]

APPEARS IN

एनसीईआरटी Geography Fundamentals of Human [English] Class 12
पाठ 8 International Trade
Exercises | Q 2. (i). | पृष्ठ ९०

संबंधित प्रश्‍न

Why is it detrimental for a nation to have negative balance of payments?


What benefits do nations get by forming trading blocs?


What is meant by barter system?


Define Slave Trade.


What is dumping?


Where are the headquarters of ASEAN?


Where are the headquarters of OPEC?


Why were regional trade blocs formed?


What are the concerns related with international trade?


Assess the positive aspect of ‘trade liberalization'.


The Headquarters of EU are at ______.


In which trading block is Iceland?


Which is not included in SAARC?


In which of the following trade blocks, is India an associate member?


How many types of trade?


What are the components of International trade?


Which of the following is not a major trading partner of India ____________.


Offshore terminal at Vadinar belongs to ____________.


Artificial harbor of India.


What does the Latin word 'Salarium' mean?


Which new form of trade emerged due to the European Colonisation in the fifteenth century?


Trade between two countries can be useful if cost ratios of goods are:


Which of the following trade policies limits. specified quantity of goods to be imported at one tariff rate.


Which of the following trade blocks, is In~a an associate member?


What is the main motive of OPEC countries?


Which one of the following continents has the maximum flow of global trade?


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.


"Undertaking international trade is mutually beneficial to nations." Justify the statement.


Which of the followings is not a function of World Trade Organization (WTO)?


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.

  1. A major seaport.
  2. An international airport.
  3. An important Seaway.
  4. An area of subsistence gathering in South America.
  5. An important seaport of Asia.
  6. An area of Nomadic Herding.
  7. Region of extensive commercial grain agriculture.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×