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Single Answer MCQ
Q-00015794

Which statement is true regarding developed countries and the WTO?

1

Developed countries have completely removed trade barriers.

2

Developed countries often maintain trade barriers despite WTO rules.

3

WTO has no influence on developed countries.

4

All countries equally benefit 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. Developed countries often maintain trade barriers despite WTO rules.

Solution:

The correct answer is 'Developed countries often maintain trade barriers despite WTO rules'. Many developed nations still impose various trade barriers while expecting developing countries to lower theirs.

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