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Question

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:

The correct answer is

(E), (B), (C), (A) and (D)

The WTO Annual Report 2020 gives these assessed contributions in Swiss francs: United Kingdom 7,399,675; Japan 7,673,375; Germany 13,976,295; China 20,142,365; United States 22,855,905. Therefore the ascending order is E, B, C, A, D.

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Important Questions from World Trade Organisation (WTO)

  1. Intellectual property rights regime is managed by :
  2. The Government of India appointed ______ as the country's G20 Sherpa in September 2021.

  3. Nearly ___________________  countries of the world are currently members of the WTO. (as on June 2014)

  4. Sequence the following different settlement stages of the WTO dispute settlement System.

    A. Retaliation

    B. Implementation

    C. Panel Review

    D. Appellate

    E. Consultations

    Choose the correct answer from the options given below:

  5. Which combination of the following is correct with regard to World Trade Organization (WTO) : 

    (a) WTO initiates peace process among the member countries to enhance international trade. 

    (b) WTO avoids the task of “Settlement of Disputes” among the member countries. 

    (c) WTO administers the “Trade Review Mechanism”. 

    (d) WTO cooperates in an appropriate manner with the IMF and the World Bank. 

    Codes :

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