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  1. Home
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International Relations·Easy

In the context of the WTO (The World Trade Organization) negotiations, a term called ‘new issues’ is often seen in the news. Which of the following constitutes/ constitute ‘new issues’? 1. E-commerce 2. Blockchain technology 3. Gender development 4. Investment facilitation Select the correct answer using the code given below:

In the context of the WTO (The World Trade Organization) negotiations, a term called ‘new issues’ is often seen in the news. Which of the following constitutes/ constitute ‘new issues’?

1. E-commerce

2. Blockchain technology

3. Gender development

4. Investment facilitation

Select the correct answer using the code given below:

Options

  1. a.

    1 only

  2. b.

    1 and 4 only

  3. c.

    1, 3 and 4 only

    Correct answer
  4. d.

    1, 2, 3 and 4

Explanation

• The 21st century trade issues in the WTO (The World Trade Organization) are the ones that are newly brought, especially by the developed countries to scale up trade liberalization. Throughout the history of the WTO, the developed world tried to broaden the trade agenda. According to them, the 21st century issues are suitable to the 21st century trade engagements.

• The main 21st century issues are e-commerce, disciplines for the Micro Small and Medium Enterprises (MSMEs), investment facilitation, gender development and domestic regulation. Often, the 21st century issues are also known as “new issues”.

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