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Q.

Choose given statement true/False:


The World Trade Organisation oversees agreements reached by member governments, which are implemented by the WTO's subsidiary bodies.


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a

True

b

False 

answer is B.

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Detailed Solution

The above statement is true.
The World Trade Organisation oversees agreements by member governments, which are implemented by the WTO's subsidiary bodies. It provides a forum for negotiations and facilitates dialogue on trade-related issues. The World Bank's main purpose is to provide long-term financing to its member nations for economic development and reconstruction. This policy helps to improve the country's long-term liquidity situation and improve its international trade balance.
 
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