World trade organisation (wto) - class-XI
Description: world trade organisation (wto) | |
Number of Questions: 37 | |
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Tags: economics industrial development political science world trade organisation commerce facilitators of international business international institutions |
Which of the following body is not related to the WTO?
One of the major objectives of the WTO is _________.
In which meeting was the idea of the WTO first coined?
Though the WTO has various benefits to its member countries, it has often been criticised for trade rules which are still unfavourable towards developing countries.
Bretton Woods conference agreed upon having some arrangement among themselves so as to liberalise the world. The arrangement is known as __________.
______ helps fostering growth of developing countries by providing them with special and preferential treatment in trade related matters.
Which of the followings are called Brettonwoods Twins?
Any state or customs territory having full autonomy in the conduct of its trade policies may join the WTO.
All major decisions are made by the membership as a whole, either by ministers who usually meet _____ or by their ambassadors or delegates.
The ________ Round was officially launched at the WTOs Fourth Ministerial Conference in Qatar, in November 2001.
Which of the following institution is associated with Dunkel Proposals?
The World Trade Organisation is the successor to the ____________.
The WTO has ___________.
The first biennial ministerial meeting of the WTO was held in _____________.
Most of the counter trade agreements involve essential items of food like ____________.
Which one is not the source of external finance?
TRIP is one of the WTO agreements that deal with _________.
Which among the following are important bodies of WTO?
i) Dispute Settlement Body
ii) NAFTA
iii) Trade Policy Review Body
iv) ASEAN
v) Council for Trade in Goods
vi) IBRD
vii) Council for Trade related aspects of Intellectual Property Rights.
viii) GATT
Which of the following are an appropriate combination?
WTO is considered as a ______________.
Which organisation sets the rule of trade on a global scale?
The first ministerial meeting of WTO was held in _________.
Which of the following is not a major objective of the WTO?
WTO helps promote international peace and facilitates international business.
Agreement of textile and clothing is an agreement fostered by the __________.
Which of the following is a function of the WTO?
WTO acts as a dispute settlement body.
WTO is a successor to __________.
One of the functions of WTO is to promote an environment that is encouraging to its member countries to come forward to WTO in mitigating their grievances.
Identify the function(s) of WTO.
GATT came into existence with effect from 1st January 1948.
Economic growth has been fastened because of free trade.
Which of the following is not the objective of the WTO?
Consequent to the decision in ______ round, the GATT was transformed into World Trade Organisation (WTO).
_____ is a member driven rule-based organisation in the sense that all the decisions are taken by the member governments on the basis of a general consensus.
Identify the benefit(s) of World Trade Organisation.
Which of the following statements is not true about the WTO?
Under the WTO agreements, countries cannot normally discriminate between their trading partners. This clause is popularly known as ____________.