General Studies · International Trade Organizations
Read the following statements and choose the correct option: Assertion (A): The WTO framework promotes predictability and transparency in trade and investment by binding tariff rates and publishing trade regulations. Reason (R): WTO members are required to submit their bilateral investment treaties (BITs) for approval under the General Agreement on Trade in Services (GATS).
- 1Both (A) and (R) are true and (R) is the correct explanation of (A)
- 2Both (A) and (R) are true, but (R) is not the correct explanation of (A)
- 3(A) is true, but (R) is false✓
- 4(A) is false, but (R) is true
Correct answer
(A) is true, but (R) is false
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