Question:

Two statements are given below. They are Assertion (A) and Reason (R). Read both the statements carefully and choose the correct option :
Assertion (A) : All the developed countries have opened their markets for products from developing countries.
Reason (R) : World Trade Organisation deals with the global rules of trade between nations.

Show Hint

In Assertion-Reason questions, check if statements are factually correct first.
Watch out for absolute words like "All" which often make a statement false in social sciences.
  • Both (A) and (R) are true and (R) is the correct explanation of (A).
  • Both (A) and (R) are true but (R) is not the correct explanation of (A).
  • (A) is true but (R) is false.
  • (A) is false but (R) is true.
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The Correct Option is D

Solution and Explanation

Concept:
• WTO is an international body that sets the rules for global trade.
• Global trade dynamics involve issues like trade barriers, subsidies, and market access.

Step 1:
Evaluate Assertion (A).
It is a common criticism that many developed countries have NOT fully opened their markets.
They often use non-tariff barriers or high agricultural subsidies to protect their domestic markets from developing countries' exports.
Hence, Assertion (A) is false.

Step 2:
Evaluate Reason (R).
The World Trade Organisation (WTO) is indeed the only global international organization dealing with the rules of trade between nations.
Hence, Reason (R) is true.

Step 3:
Conclusion.
Since A is false and R is true, option (D) is the correct choice.
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