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Analyze the information given below, considering one of the following correct options:
Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.
- a)Trade and Commerce
- b)Agricultural products
- c)Trade barriers
- d)World Trade Organization
Correct answer is option 'D'. Can you explain this answer?
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Analyze the information given below, considering one of the following...
The World Trade Organization is an intergovernmental organization that regulates and facilitates international trade between nations. Governments use the organization to establish, revise, and enforce the rules that govern international trade.
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Analyze the information given below, considering one of the following...
World Trade Organization (WTO)
The correct answer is option 'D', World Trade Organization (WTO). In the given information, it is mentioned that the WTO is supposed to allow free trade for all countries. However, in practice, it is observed that developed countries have unfairly retained trade barriers while developing countries are forced to remove trade barriers. The current debate on trade in agricultural products serves as an example of this situation.
Trade and Commerce
Trade and commerce refer to the exchange of goods and services between countries. It involves the buying and selling of products across international borders. The WTO plays a significant role in regulating and promoting international trade and commerce.
Agricultural products
Agricultural products are goods that are derived from farming activities. These products can include crops, livestock, and other resources obtained from agriculture. The current debate on trade in agricultural products highlights the challenges faced by developing countries in accessing and competing in global agricultural markets.
Trade barriers
Trade barriers are restrictions or obstacles imposed by governments to regulate or limit international trade. These barriers can take various forms, such as tariffs, quotas, subsidies, and technical barriers. Developed countries have been accused of unfairly retaining trade barriers, which hinders the access of developing countries to their markets.
World Trade Organization (WTO)
The World Trade Organization (WTO) is an international organization that aims to promote free and fair trade among its member countries. It provides a platform for negotiations and the resolution of trade disputes. However, the WTO rules have been criticized for favoring developed countries and putting developing countries at a disadvantage.
In the given information, it is stated that WTO rules have forced developing countries to remove trade barriers. This means that developing countries are obligated to open up their markets and reduce trade restrictions to comply with the WTO regulations. On the other hand, developed countries have been accused of maintaining unfair trade barriers, which allows them to protect their domestic industries and limit competition from developing countries.
The current debate on trade in agricultural products exemplifies this situation. Developing countries often rely on agriculture as a major sector of their economies. However, they face challenges in accessing developed markets due to trade barriers imposed by these countries. This creates an imbalance in trade relations and limits the growth and development opportunities for developing countries.
In conclusion, the correct answer is option 'D', World Trade Organization (WTO), as it is the organization mentioned in the given information that is responsible for regulating international trade and has an impact on the removal of trade barriers for developing countries.
The correct answer is option 'D', World Trade Organization (WTO). In the given information, it is mentioned that the WTO is supposed to allow free trade for all countries. However, in practice, it is observed that developed countries have unfairly retained trade barriers while developing countries are forced to remove trade barriers. The current debate on trade in agricultural products serves as an example of this situation.
Trade and Commerce
Trade and commerce refer to the exchange of goods and services between countries. It involves the buying and selling of products across international borders. The WTO plays a significant role in regulating and promoting international trade and commerce.
Agricultural products
Agricultural products are goods that are derived from farming activities. These products can include crops, livestock, and other resources obtained from agriculture. The current debate on trade in agricultural products highlights the challenges faced by developing countries in accessing and competing in global agricultural markets.
Trade barriers
Trade barriers are restrictions or obstacles imposed by governments to regulate or limit international trade. These barriers can take various forms, such as tariffs, quotas, subsidies, and technical barriers. Developed countries have been accused of unfairly retaining trade barriers, which hinders the access of developing countries to their markets.
World Trade Organization (WTO)
The World Trade Organization (WTO) is an international organization that aims to promote free and fair trade among its member countries. It provides a platform for negotiations and the resolution of trade disputes. However, the WTO rules have been criticized for favoring developed countries and putting developing countries at a disadvantage.
In the given information, it is stated that WTO rules have forced developing countries to remove trade barriers. This means that developing countries are obligated to open up their markets and reduce trade restrictions to comply with the WTO regulations. On the other hand, developed countries have been accused of maintaining unfair trade barriers, which allows them to protect their domestic industries and limit competition from developing countries.
The current debate on trade in agricultural products exemplifies this situation. Developing countries often rely on agriculture as a major sector of their economies. However, they face challenges in accessing developed markets due to trade barriers imposed by these countries. This creates an imbalance in trade relations and limits the growth and development opportunities for developing countries.
In conclusion, the correct answer is option 'D', World Trade Organization (WTO), as it is the organization mentioned in the given information that is responsible for regulating international trade and has an impact on the removal of trade barriers for developing countries.
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Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer?
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Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer?.
Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer?.
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ample number of questions to practice Analyze the information given below, considering one of the following correct options:Though WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers. On the other hand, WTO rules have forced the developing countries to remove trade barriers. An example of this is the current debate on trade in agricultural products.a)Trade and Commerceb)Agricultural productsc)Trade barriersd)World Trade OrganizationCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 10 tests.
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