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Assertion: World Trade Organisation forms rules and regulations for all the member nations.
Reason: World Trade Organisation handles trade disputes.
  • a)
    Both A and R are true and R is the correct explanation of A
  • b)
    Both A and R are true but R is not the correct explanation of A
  • c)
    A is correct but R is wrong
  • d)
    A is wrong but R is correct
Correct answer is option 'A'. Can you explain this answer?
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Assertion: World Trade Organisation forms rules and regulations for al...
Explanation:

  • Assertion (A): World Trade Organisation forms rules and regulations for all the member nations.

  • Reason (R): World Trade Organisation handles trade disputes.


The assertion (A) is true as the World Trade Organisation (WTO) is responsible for establishing rules and regulations for international trade. It is a forum for member nations to negotiate and create agreements on trade policies that are binding on all member nations. The WTO aims to promote free trade, reduce trade barriers and ensure fair trade practices for all member countries. The WTO also provides technical assistance and training for developing countries to help them participate in international trade.

The reason (R) is also true as one of the primary functions of the WTO is to handle trade disputes between member nations. The WTO provides a platform for countries to resolve their trade disputes through negotiations, consultations and dispute settlement procedures. The WTO dispute settlement process is binding on member nations and helps to ensure that countries comply with WTO rules and regulations.

Therefore, both the assertion and reason are true, and the reason correctly explains the assertion. Hence, option (A) is the correct answer.
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Assertion: World Trade Organisation forms rules and regulations for al...
Answer a
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Assertion: World Trade Organisation forms rules and regulations for all the member nations.Reason: World Trade Organisation handles trade disputes.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true but R is not the correct explanation of Ac)A is correct but R is wrongd)A is wrong but R is correctCorrect answer is option 'A'. Can you explain this answer?
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