Read the passage carefully and choose the most appropriate option to the question given below:

In the statement "... it amounted to a recognition that international trade and its benefits cannot be enjoyed unless trading nations accept the discipline of a negotiated rules-based environment", it refers to:

The export gains many countries came to associate with a rule-based system

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The provision of a rule-based system by the WTO

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The higher priority on export gains placed by many countries at the Uruguay Round

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Ambassador Kantor's defence of the WTO

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Solution

The correct option is C The export gains many countries came to associate with a rule-based system
As mentioned in the passage, "Finally, and perhaps most important, many countries at the Uruguay Round came to put a higher priority on the export gains than on the import losses that the negotiation would produce, and they came to associate the WTO and a rules-based system with those gains. This reasoning - replicated in many countries - was contained in U.S. Ambassador Kantor's defence of the WTO, and it amounted to a recognition that international trade and its benefits cannot be enjoyed unless trading nations accept the discipline of a negotiated rules-based environment.".,
"Many countries came to associate the WTO and a rules-based system with those 'export gains'".
The same is mentioned in option A, hence it is correct.
Options B, C and D: These lines are neither mentioned nor implied by the passage. Hence options B, C and D are incorrect.

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