Chapter: World Trade Organisation (WTO & Multinational organisation)
Write the help of your prescribed book solve the following questions :Q 1 : What factors led to the development of the regulatory organisations in International market ? [ pg .196]
Ans : With the growth of International Business Bodies _ _ _ _ _ _ balanced growth of trade .
Q 2 : What is GATT ? [ pg . 196 ]
Ans : GATT was formed ----------- signed by 92 countries . It is a forum -----------friendly relations among its members .
Q 3 : What is UNCTAD ? [pg 196 ]
Ans : The United Nation Conference ------------ Less Developed Countries .
Q 4 : When and with how many members did WTO start ? [pg 197]
Q 5 : What are the objectives of WTO ? [pg 197 ] .
Q 6 : Define MMC . Give few examples . [ pg 198/ 198 ] .
Ans : A multinational corporation refers ---------- called host countries .
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