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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
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
Explain the co-relation between the following.
GATT and WTO
The World Trade Organization was established in ______.
Identify the incorrect pair in the set and rewrite.
Complete the following concept picture map:
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
State the appropriate concept for the given statement:
International treaty (1995) regarding goods and services.
State whether the following statement is true or false with reason.
Investment in consumer goods industries is essential the economic development of India.
Find the odd word in the given set and write:
Explain the co-relationship between the following:
Globalisation and National economy
State the impact of Transnational Corporation on the common people