Q1 C of 9 Page 89

Choose the right answer from the four alternatives given below.

Which one of the following South American nations, is a part of OPEC?


Venezuela is in South America and it became a member of OPEC in 1960.

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1

Choose the right answer from the four alternatives given below.

Most of the world’s great ports are classified as:


 1

Choose the right answer from the four alternatives given below.

Which one of the following continents has the maximum flow of global trade?


 1

Choose the right answer from the four alternatives given below.

In which of the following trade blocs, is India an associate member?


 2 A

Answer the following questions in about 30 words.

What is the basic function of the World Trade Organisation?