Question
Some Scholars question the usefullness of India being a member of the organisation as a major volume of international trade occurs among the developed nations. Identify theorganisation. (
This question was previously asked in
Shift 28/05/2023 3:30 PM - 6:30 PM
A
World Trade Organisation
B
United Nations
C
International Monetary fund
D
World Bank
Correct Answer
World Trade Organisation
Detailed Explanation
The organization being referred to in the context of questions about the usefulness of India's membership and where a major volume of international trade occurs among developed nations is the (1) World Trade Organization (WTO).
The WTO is an international organization that deals with the global rules of trade between nations and promotes international trade, and it has been a subject of debate and discussion regarding the role and benefits for countries like India.
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