Basic General Knowledge
What is the role of WTO (World Trade Organisation)?

None of these
both (a) and (b)
To widen the principal of free trade to sectors such as services and agriculture
To settle trade disputes between nations

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Basic General Knowledge
Recession is

period that results from accumulation of unsold goods, owing to fall in demand
slowing down of economic activity over a limited period
All of these
period during which unemployment may rise and demand and output may fall, leading to slump in trade

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