Question
Which international organization is responsible for the
regulation of international trade and settling disputes between member countries?Solution
In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. The WTO plays a very vital role in resolving trade conflicts under the Dispute Settlement Understanding, for enforcing the rules and therefore for ensuring that trade flows smoothly. Governments bring disputes to the WTO if they think their rights under the WTO agreements are being infringed.
Recently, the Prime Minister of India inaugurated SEMICON India 2024 at India Expo Mart in which city?
CRISIL IS a/an _________ COMPANY ?
Which country topped the medals tally at the World Para Athletics Championships 2025?
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Recently the Central government announce to allocate an additional Rs 28,000 crore for which of the following central flagship programme?
What is the annual budget allocation for PM Dhan-Dhaanya Krishi Yojana (PMDDKY)?
Who is the Coach of the Indian Football Team (2024-25)?
Which country recently became the first in the world to introduce a tax on livestock carbon dioxide (CO2) emissions starting in 2030?
The first India Stack Developer Conference held in ____?
What is the total amount of aid package that the World Bank is set to approve for Sri Lanka, as mentioned in the information?
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