Foreign Trade Policy - Study Mode
[#141] Various bodies in the organisational structure of WTO are given below. On the basis of decision-making authority, arrange them from top to bottom. 1. General Council 2. Ministerial Conference 3. Specialised Committees 4. Council for Trade in Goods Choose the correct answer
Correct Answer
(A) 2, 1, 4, 3
[#142] When one country providesmost favoured nation status (normal trade relations) for another, it agrees to
Correct Answer
(B) charge that nation's products a tariff rate no higher than that on any other nation
[#143] India is a member of which of the following organisations? 1. IBRD 2. ICSID 3. MIGA 4. IDA 5. IFC Select the correct answer
Correct Answer
(B) 1, 3, 4, 5
[#144] Which of the following is not a subsidiary body of general council of WTO?
Correct Answer
(D) Council for settlement of disputes
[#145] Which of the following is not types of disequilibrium in the balance of payment?
Correct Answer
(C) Transactional disequilibrium