Q.

Name the group of countries which dominates the WTO.


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a

Russia

b

Germany

c

United States

d

All of the above: 

answer is D.

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Detailed Solution

The groups of countries that dominate the WTO are Russia, Germany, and the United States.
The groups of countries that dominate the WTO are Russia, Germany, Belgium, the United States, the United Kingdom, and more. The WTO (World Trade Organisation) is a powerful international organisation of trade. It aims to liberalise international trade across the globe. It establishes its own set of rules for the countries involved in international trade and sees that everyone obeys them. It is also responsible for any disputes occurring between countries and supports the concept of peace for every single country that is part of the WTO. The WTO aims to facilitate the free flow of trade across different countries, but in practice, it is seen that several developed countries have unfairly retained trade barriers.
 
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