Fill in the blanks. WTO was started at the initiative of __________countries. The aim of the WTO is to ____________________.

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Chapter 4

NCERT

Class 10

Economics

Solutions

1. Fill in the blanks. WTO was started at the initiative of __________countries. The aim of the WTO is to ____________________.

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Question:

Fill in the blanks.WTO was started at the initiative of __________countries. The aim of theWTO is to ____________________. WTO establishes rules regarding________________ for all countries, and sees that ___________________ Inpractice, trade between countries is not ______________________________.Developing countries like India have ___________________, whereasdeveloped countries, in many cases, have continued to provide protection totheir producers.

Answer:

(i) Developed (ii) Liberalized in international trade (iii) International trade (iv) These rules are followed (v) Totally free (vi)So trade barriers are forced to be removed.

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(All Q's of this Chapter solved)

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