GENERAL KNOWLEDGE

GK

WORLD ORGANISATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Principal organ of United Nations General Assembly which deals with trade, development and investment issues is
A
IBRD
B
European Union
C
WTO
D
World Bank
Explanation: 

Detailed explanation-1: -The WTO and UNCTAD are parties in a strategic partnership for the purpose of implementing the DDA, cooperating to ensure that trade serves development goals, and for assisting the beneficial integration of the developing and least developed countries (LDCs) into the global economy and the multilateral trading system.

Detailed explanation-2: -UNCTAD and the Geneva-based trade institutions: WTO and ITC The ITC was created as a subsidiary body of UNCTAD and the WTO’s predecessor, the General Agreement on Tariffs and Trade (GATT), in 1968 and runs a number of joint activities and projects with UNCTAD.

There is 1 question to complete.