Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
WTO Tariff and Non-Tariff Barriers
WTO facilitates international trade through removal of:
- Only tariff barriers
- Only non-tariff barriers
- Tariff as well as non-tariff barriers — Correct Answer
- Neither tariff nor non-tariff barriers
Explanation:
Correct Answer Explanation
WTO facilitates trade through removal of tariff as well as non-tariff barriers and providing greater market access.
Key Points:
- Covers both bilateral and multilateral trade.
- Aims for optimum utilisation of world resources.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
