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Single Answer MCQ
Q-00045580

What is a major benefit of being a member of the WTO for developed countries?

1

Stabilizing trade regulations.

2

Increasing tariffs on imports.

3

Regulating domestic product prices.

4

Limiting exports to developing countries.

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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

A. Stabilizing trade regulations.

Solution:

Membership in the WTO helps developed countries stabilize trade regulations, facilitating easier and more predictable trading relationships with other countries.

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