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प्रश्न
Write the following statement as True or False with reason.
The World Trade Organization imposed restrictions on imports of goods.
पर्याय
True
False
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उत्तर
This statement is False.
Explanation:
- WTO is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers.
- The WTO is the only international agency overseeing the rules of international trade.
- It promotes free trade agreements, settles trade disputes between governments and organises trade negotiations.
संबंधित प्रश्न
Suggest the appropriate concept/word.
The international agency dealing with international trade.
The change in the economic sector due to globalisation is ______.
State the appropriate concept for the given statement.
A ship that carries huge cargo from one country to another -
Complete the following concept picture map:
Briefly describe the changes that have taken place in the banking sector due to globalization.
Explain the concept of 'globalisation' and explain the changes that have taken place in the economic sector due to globalisation based on the following points.
A) Free flow of capital investment
B) Changes in the concept of trade
C) The rise of transnational companies
Identify the incorrect pair in the set and rewrite.
Find the odd word out and rewrite.
Trade related treaties in post globalisation period.
State whether the following statement is true or false with reason.
Investment is required for economic development.
State whether the following statement is true or false with reason.
Investment in consumer goods industries is essential the economic development of India.
