Question:

Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below: 
Assertion (A): World Trade Organization (WTO) is expected to establish the rule-based trading regime, to avoid unilaterally placed arbitrary restrictions by member nations. 
Reason (R): It is imperative to enlarge world production and ensure optimum utilization of world resources along with environmental protection.

Show Hint

Understand the goals and principles of global organizations like the WTO to analyze such questions effectively.
Updated On: Jan 30, 2025
  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
  • Both Assertion (A) and Reason (R) are true, but Reason (R) is {not} the correct explanation of Assertion (A).
  • Assertion (A) is true, but Reason (R) is false.
  • Assertion (A) is false, but Reason (R) is true.
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is A

Solution and Explanation

Assertion (A): The WTO promotes free and fair trade globally, ensuring that trade rules are transparent and consistent to prevent arbitrary trade barriers. 
Reason (R): Enlarging world production and optimal resource utilization are aligned with the WTO's goals, including fostering sustainable development. 
Linkage: Both statements are true, and Reason (R) explains the broader objectives of Assertion (A).

Was this answer helpful?
0
0