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International Organisations
Question
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Explain WTO.

Answer

(i) The World Trade Organisation (WTO) was set up in 1995 as a successor to the General Agreement on Trade and Tarriffs.



(ii) It sets the rules for global trade and it has 157 members as on 1 september,2012.

(iii) All decisions are taken unanimously but major economic powers such as the US, European Union and Japan have managed to use the WTO to frame rules of trade to advance their own interests.

(iv) The developing countries complain of its non-transparent procedures and being pushed  around by powers.

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Some More Questions From International Organisations Chapter

Which among the following would give more weightage to India’s proposal for permanent membership in the Security Council ?

The UN agency concerned with the safety and peaceful use of nuclear technology is:

WTO is serving as the successor to which of the following organisations :

The prime objective of the UN is ________

The highest functionary of the UN is called ________

The UN Security Council has ________ permanent and ________ non-permanent members.

________ is the present UN Secretary-General.

What are the functions of the Security Council ?

As a citizen of India, how would you support India’s candidature for the permanent membership of the Security Council ? Justify your proposal.

Critically evaluate the difficulties involved in implementing the suggested reforms to reconstruct the UN.