Multiple choice

According to the WTO charter, which among the following is not a benefit availed by its members?

  1. The member Governments are shielded from lobbying

  2. Freer trade resulting in lowered cost of living

  3. Trade Disputes are handled constructively

  4. Access to Foreign currency is made easier
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

WTO benefits include shielding members from lobbying (through multilateral rules), freer trade lowering costs, and constructive trade dispute resolution. However, access to foreign currency is NOT a WTO benefit - forex access is determined by monetary policy, foreign exchange reserves, and capital account regulations, not trade agreements. The WTO deals with trade rules, not currency arrangements.

Keep practicing — related questions