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NDA2011General AbilityGeneral StudiesActual

Which among the following statements is/are true with regard to WTO membership? 1. All WTO members automatically receive the 'most favoured nation' status 2. Over 75 % of WTO members are from developing countries. WTO membership allows them access to developed markets at the lower tariff Select the correct answer using the code given below:

Options

  1. A1 only
  2. B2 only
  3. CBoth 1 and 2
  4. DNeither 1 nor 2

Correct answer

D. Neither 1 nor 2

Step-by-step solution

The correct answer is option (D).

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