Arrange the following countries in the ascending order of their contribution to the WTO budget 2020: (A) China (B) Japan (C) Germany (D) United States of America (E) United Kingdom Choose the correct answer from the options given below:
(E), (B), (C), (A) and (D)
The World Trade Organization (WTO) budget is funded by contributions from its member states. These contributions are calculated based on a formula that takes into account each member's share in the total trade of WTO members and their national income. The question asks us to arrange the given countries in ascending order of their contribution to the WTO budget in the year 2020.
To arrange the countries in ascending order (from smallest contribution to largest), we need to know their respective shares in the WTO budget for 2020. Based on publicly available data for the WTO budget contributions in 2020, the approximate shares for the specified countries were:
Please note that these percentages are approximate and the exact figures can vary slightly year by year, but the relative ranking among these major contributors is generally consistent.
Now, let's arrange the countries from the smallest contribution to the largest contribution based on the percentages identified above:
Therefore, the ascending order of contribution is (E), (B), (C), (A), and (D).
The correct ascending order of contribution to the WTO budget in 2020 for the given countries is:
United Kingdom < Japan < Germany < China < United States of America
Mapping this back to the options using the letters (A) to (E):
(E), (B), (C), (A), (D)
| Country | Code | Approx. WTO Budget Share (2020) | Rank (Ascending) |
|---|---|---|---|
| United Kingdom | (E) | ~5.1% | 1st (Smallest) |
| Japan | (B) | ~7.1% | 2nd |
| Germany | (C) | ~8.1% | 3rd |
| China | (A) | ~10.5% | 4th |
| United States of America | (D) | ~11.2% | 5th (Largest) |
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