World Trade Organization

Economics ⇒ International Trade and Globalisation

World Trade Organization starts at 11 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in World Trade Organization. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.

See sample questions for grade 12

Describe the Dispute Settlement Mechanism of the WTO.

Describe the impact of WTO membership on India's foreign trade policy.

Describe the process of accession for a new member to join the WTO.

Discuss the role of the WTO in promoting globalisation.

Explain the concept of 'Most Favoured Nation' (MFN) as per WTO rules.

Explain the importance of transparency in the functioning of the WTO.

Explain the significance of the Doha Development Agenda.

Explain the term 'National Treatment' in the context of WTO.

Which agreement under the WTO deals with trade in services? (1) GATT (2) TRIPS (3) GATS (4) SPS

Which of the following agreements is related to intellectual property rights under the WTO? (1) GATS (2) TRIPS (3) TBT (4) SPS

Which of the following is a challenge faced by developing countries in the WTO? (1) Equal bargaining power (2) Technical expertise (3) Access to markets (4) All of the above

Which of the following is a criticism of the WTO's dispute settlement process? (1) It is too fast (2) It is biased towards developing countries (3) It is expensive and time-consuming (4) It ignores trade rules

Fill in the blank: India became a member of the WTO in the year ________.

Fill in the blank: The WTO currently has ________ official languages.

Fill in the blank: The WTO headquarters is located in ________.

Fill in the blank: The WTO's Agreement on Agriculture aims to reform ________ trade.

True or False: All WTO decisions are made by consensus among member countries.

True or False: The WTO agreements are binding on all member countries.

True or False: The WTO allows for special and differential treatment for developing countries.

True or False: The WTO allows member countries to impose trade barriers for environmental protection under certain conditions.