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Business Studies

WTO and Benefits

State with re...

Question

State with reasons whether the following statements are True or False.

India is a founder member of the WTO.

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Solution

India is founder member of WTO- True

Explanation:
World Trade Organization (WTO) is an international organisation that deals with the rules and regulations governing foreign trade. It was set up on 1st January, 1995 and has a total of 153 members in all. India has been a member of WTO since its inception.

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