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Question

How did India benefit from being a member of the World Trade Organization?

A
Increase in foreign investments
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B
Increase in agricultural output
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C
Decrease in external borrowings
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D
Increase in India's trade disputes with other countries
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Solution

The correct option is A Increase in foreign investments
As a member of the WTO, foreign investments in India grew exponentially. With more foreign investment, India could produce more and thereby export more. Through exports, India could earn more foreign currencies, which made it easier to pay for imports from other countries.

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