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Question

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

A
Foreign investments in India grew exponentially.
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B
India's exports increased.
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C
India was considered a credible borrower.
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D
The market access for textile and agriculture products increased.
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Solution

The correct option is D The market access for textile and agriculture products increased.
After joining the WTO, foreign investments in India grew exponentially. With more foreign investment, production and exports increased. It increased the market access for textiles and clothing and agricultural products. Through exports, India earned foreign currencies, which were used to pay for imports.

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