Single Answer MCQ
Q-00045570

What is a common misconception about free trade as promoted by the WTO?

1

It benefits all countries equally.

2

It is based purely on goodwill between countries.

3

It does not involve any sort of regulations.

4

It eliminates agricultural subsidies.

Answer and Solution

Answer

A. It benefits all countries equally.

Solution:

A common misconception is that free trade benefits all countries equally, while in reality, disparities often exist in the impact of trade rules on different economies.

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