Current Affairs

GK MCQs Section

Page-4 of Topic: International Trade

New Delhi hosts Informal World Trade Organisation (WTO) ministerial meeting

The two-day Informal World Trade Organisation (WTO) ministerial meeting has started in New Delhi on March 19, 2018. Representatives from 50 countries are participating in the meet. The...

March 19, 2018

What is the meaning of Cost and Freight?

Cost and Freight is a legal term used in international trade and it refers to the charges which the seller has to incur for bringing the goods to...

January 8, 2018

What is the meaning of comparative advantage?

Comparative advantage is elementary to international trade relations. The ability of a nation to produce any commodity at a lesser opportunity cost than its competitors is known as...

January 5, 2018

India to host mini-ministerial meeting of WTO members in Feb 2018 to revitalize multi-lateral trade body

The mini-ministerial meeting of WTO members from both rich and developing nations is proposed to be hosted by India in February 2018 to revitalize the multi-lateral trade body....

January 1, 2018

India to host meeting of WTO member countries in February on food security and other issues

India will host a meeting of WTO member countries in February 2018 to muster support for food security and other issues. This was stated by Commerce and Industry...

December 19, 2017

Suresh Prabhu leads Indian delegation at 11th Ministerial conference of WTO

The 11th Ministerial conference of the 164-member World Trade Organization (WTO) has started in Buenos Aires, Argentina on December 10, 2017. At the meeting, India is represented by...

December 11, 2017

India hosted 19th RCEP Trade Negotiating Committee (TNC) meeting

The 19th round of the Regional Comprehensive Economic Partnership (RCEP) Trade Negotiating Committee (TNC) meetings and other related meetings were held from 17 to 28 July 2017 in...

August 2, 2017

Union Government imposes safeguard duty on certain steel imports

The Union Government has imposed safeguard duty on import of certain steel products to protect domestic manufacturers from cheap in-bound shipments. It was imposed by the Revenue Department...

November 25, 2016

India is non-committal on market economy status for China

India is not inclined to automatically grant the coveted ‘Market Economy Status’ (MES) to China under World Trade Organisation (WTO) norms in December 2016. The main reason India...

November 18, 2016

Current Trends in Global Trade

The current trends in global trade can be discusses under the below heads. Positive Relation between Word Trade Growth and World GDP Growth World GDP growth is followed...

March 9, 2016

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