10th Class Social Science Globalisation Question Bank 10th CBSE Social Science Globalisation and the Indian Economy

  • question_answer
             What is the role of WTO in international trade?

    Answer:

                    (i) WTO's aim is to liberalise international trade. (ii) It establishes rules regarding international trade and sees that these rules are obeyed.                                                      (iii) 153 countries of the world are its members currently.                   (iv) It is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced developing countries to remove trade barriers.


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