MCQ
WTO Transparency Mechanism MCQ - Practice Questions with Answers
Solve 1 WTO Transparency Mechanism questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements about the WTO Trade Policy Review mechanism: 1. The interval for India's Trade Policy Review is determined by the number of written questions received from WTO members. 2. The interval between reviews of WTO members is determined by their share in world trade. Which of the statements given above is/are correct?
Explanation
Statement 1 is incorrect because the review interval is not based on the number of written questions; India's review takes place once every five years. Statement 2 is correct: WTO members are reviewed periodically, and the interval is determined by their share in world trade.
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