UPSC Exam  >  UPSC Questions  >   What is the main reason behind the World Tra... Start Learning for Free
What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?
  • a)
    Economic sanctions imposed on European countries
  • b)
    Increasing trade tariffs between major economies
  • c)
    Escalating conflicts in West Asia affecting vital shipping lanes
  • d)
    Changes in global monetary policies
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the main reason behind the World Trade Organization (WTO) adj...
The World Trade Organization (WTO) revised its forecast for global merchandise trade growth for 2025 due to escalating conflicts in West Asia. These conflicts, particularly affecting vital shipping lanes like the Red Sea corridor, are anticipated to disrupt global trade and energy prices. The instability in West Asia, including military actions and heightened tensions, has raised concerns about the impact on global trade and energy supplies, leading to the adjustment in the WTO's trade growth forecast.
Explore Courses for UPSC exam

Top Courses for UPSC

What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer?
Question Description
What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer?.
Solutions for What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the main reason behind the World Trade Organization (WTO) adjusting its forecast for global merchandise trade growth in 2025?a)Economic sanctions imposed on European countriesb)Increasing trade tariffs between major economiesc)Escalating conflicts in West Asia affecting vital shipping lanesd)Changes in global monetary policiesCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev