Edzy
Single Answer MCQ
Q-00015799

What is a major criticism of the WTO by developing nations?

1

WTO promotes only local businesses.

2

WTO regulations favour wealthier nations.

3

WTO has no effect on global trade.

4

WTO is a democratic institution with equal say for all countries.

Reviewed & Verified by Edzy Expert

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. WTO regulations favour wealthier nations.

Solution:

The correct answer is 'WTO regulations favour wealthier nations'. Developing countries often argue that the rules set by the WTO disproportionately benefit developed nations.

Watch Video Solution