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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
What is globalization? Highlight any three causes of globalization.
"Globalisation has shifted power from nation-states to global consumers." Justify the statement.
Which of the statements are TRUE about globalisation?
- Globalisation is only about movement of commodities.
- Globalisation does not involve a conflict of values.
- Services are an insignificant part of globalisation.
- Globalisation is about worldwide interconnectedness.
How has globalisation impacted on India and how is India in turn impacting on globalisation?
Why are tariffs imposed?
Exports now fiancé over 80% of imports, as compared to 60% in 1985, this situation is achieved due to ______.
Organisation which does not facilitable the process of globalization ______.
Which of the following points indicates that it is necessary to become the become a member of WTO?
Which of the following points suggest that outsourcing is good for India?
______ factors are living or once-living organisms in the ecosystem?
Which of the following point/s indicate the Positive Impacts of globalization?
- Increase in the volume of trade in goods and services.
- It attracts private foreign capital investment.
- It creates new job opportunities.
- It does not raise the standard of living.
Globalisation is the flow of ______ across the world.
______ is all about who gets what, when, where and how.
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)
Consider the following statement (s) about the negative impact of Globalization.
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.
