Edzy
Single Answer MCQ
Q-00045568

What challenge do developing countries face regarding the WTO rules?

1

They have to enforce fewer regulations.

2

They must lower their trade barriers while developed countries retain theirs.

3

They benefit from higher tariffs.

4

They are exempt from WTO regulations.

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. They must lower their trade barriers while developed countries retain theirs.

Solution:

Developing countries often have to lower their trade barriers according to WTO rules, while developed countries may continue to use protective measures, resulting in unfair trading conditions.

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