GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
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International Labour Organisation
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International Monetary Fund
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World Health Organisation
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World Trade Organisation
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Explanation:
Detailed explanation-1: -Answers. The World Trade Organisation (WTO) lays stress on liberalization of foreign trade and foreign investment.
Detailed explanation-2: -The correct answer is World Trade Organisation.
Detailed explanation-3: -World Trade Organisation (WTO) is an organisation whose aim is to liberalise .
Detailed explanation-4: -Foreign trade liberalization simply means the relaxation provided by the government in foreign trade laws and policies. These relaxations mainly include a reduction in taxes on foreign exchange, framing policies promoting foreign trade, etc.
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