12th Class Economics Liberalisation, Privatisation and Globalisation Question Bank MCQs - Liberalisation, Privatisation and Globalisation

  • question_answer
    The major reason for joining and becoming a member of WTO is/are

    A) integrating domestic economy with the world economy

    B) greater market access to all neighbouring countries

    C) allowing trade restrictive policies among the member nations

    D) Both (a) and (b)

    Correct Answer: D

    Solution :

    WTO allows for integration of domestic economy with the world economy with relaxations on trade barriers restricting trade.


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