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International Business - II

Question

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Write down any two advantages of WTO.

Solution

Two advantages of WTO :

1. It encourages international peace.

2. It offers loans and training to private and public sectors of poor countries.

Some More Questions From International Business - II Chapter

What purpose is served by World Bank and its affiliates ?

What purpose is solved by IMF (International Monetary Fund) ?

When GATT was evolved ?

Give meaning of WTO agreement.

Give the steps involved in the import of goods taken by one country.

Briefly explain “Advance license scheme” announced by Government of India to promote foreign trade.

Briefly explain “export promotion capital goods scheme”.

Which documents must be submitted to obtain IEC number ?

What is the main objective of WTO?

Write down any three features of international business.

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