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SUBJECTIVE ASSIGNMENT

Sl. Questions Page
No. No. Marks Skill Le
ve
l
1 Another name for the World Bank is ________________ 65 1 H D

2 ______________- monitors the liberalisation of trade at 65 1 A A
international level.

3 What do you think can be done so that trade between 66 1 K E
countries is more fair? LetsdisscussPg.No. 66

4 What is the main aim of the world trade organisation? 65 3 R E
Explain its functions. (CBSE 2012)

5 Fill in the blanks. WTO was started at the initiative of 66 3 H D
.......... countries. The aim of the WTO is to........... . WTO
establishes rules regarding .......... for all countries, and
sees that............ . In practice, trade between countries is
not.......... . Developing countries like India have...........,
whereas developed countries, in many cases, have
continued to provide protection to their producers. Lets
discuss Pg. No. 66

6 In the above example, we saw that the US government 66 3 A A
gives massive sums of money to farmers for production. At
times, governments also give support to promote
production of certain types of goods, such as those which
are environmentally friendly. Discuss whether these are
fair or not.
LetsdiscussPg.No. 66

7 Why do developed countries want developing countries to 65 5 U A
liberalize their trade and investment? What do you think
should the developing countries demand in
return? Exercise Qs No. 5

8 Globalization will continue in the future. Can you imagine 65 5 A A
what the world would be like twenty years from now? Give
reason for your answer. Exercise Qs No. 9