Which among the following statements is/are true with regard to WTO membership ? 1. All WTO members automatically receive the most favoured nation status 2. Over 75% of WTO members are from developing countries. WTO membership allows them access to develo

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Q: 78 (NDA-I/2011)
Which among the following statements is/are true with regard to WTO membership ?
1. All WTO members automatically receive the ‘most favoured nation’ status
2. Over 75% of WTO members are from developing countries. WTO membership allows them access to developed markets at the lower tariff
Select the correct answer using the code given below :

question_subject: 

General Knowledge

question_exam: 

NDA-I

stats: 

0,18,48,11,27,18,10

keywords: 

{'wto members': [0, 0, 0, 1], 'wto membership': [0, 0, 0, 1], 'lower tariff': [0, 0, 0, 1], 'countries': [1, 0, 2, 6], 'access': [0, 0, 0, 2]}