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प्रश्न
Why is it necessary to become a member of WTO?
उत्तर
It is important for any country to become a member of WTO (World Trade Organisation) for the following reasons:
i) WTO provides equal opportunities to all its member countries to trade in the international market.
ii) It provides its member countries with larger scope to produce at large scale to cater to the needs of people across the international boundaries. This provides ample scope to utilise world resources optimally and provides greater market accessibility.
iii) It advocates for the removal of tariff and non-tariff barriers, thereby, promoting healthier and fairer competition among different producers of different countries.
iv) The countries of similar economic conditions being members of WTO can raise their voice to safeguards their common interests.
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संबंधित प्रश्न
Assess any three basis on which globalisation is being resisted in India.
How has globalisation impacted on India and how is India in turn impacting on globalisation?
Why are tariffs imposed?
Do you think outsourcing is good for India? Why are developed countries opposing it?
India has certain advantages which make it a favourite outsourcing destination. What are these advantages?
How many countries are the members of WTO?
Which of the statements are true about the impact of globalisation?
With the globalisation of markets, the tastes and preferences of consumers worldwide are ______.
In 1986-87, the overall fiscal deficit of India touched an all time high of ______.
Which of the following points indicates that it is necessary to become the become a member of WTO?
Globalisation is the flow of ______ across the world.
Choose the correct option that has significantly contributed to the process of Globalisation.
Globalization has improved the living structure of ______
What is/are component/s of worldwide interconnectedness?
Which statements are 'true' about globalization?
- Globalization is only about the movement of commodities.
- Globalization does not involve a conflict of values.
- Services are an insignificant part of globalization.
- Globalization is about worldwide interconnectedness.
Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement (s)
Evaluate any three benefits of globalization.
Read the passage given below carefully and answer the questions that follow:
| Globalisation as a concept fundamentally deals with flows. These flows could be of various kinds - ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders and people moving in search of better livelihoods to different parts of the world. The crucial element is the ‘worldwide interconnectedness’ that is created and sustained as a consequence of these constant flows. |
- ‘Worldwide interconnectedness’ is also known as ______.
- Globalisation
- Liberalisation
- Socialisation
- Privatisation
- Dimensions of globalisation are ______.
- political, social and spiritual
- social, economic and geographical
- political, economic and environmental
- political, social and economic
- Which among the following increases economic activities?
- Decline in employment
- Increase m the index of poverty
- Strong global economic growth
- Great decline in the trade
- Which one of the following is an impact of globalisation?
- The power of the states has increased.
- New trade barriers have been imposed.
- Choice of the customer has increased.
- It has given a boost to local industries.
