WTO strikes landmark IT deal
Q. On 24th July’15 the World Trade Organisation (WTO) has struck a "landmark" deal to cut tariffs on $1.3 trillion worth of _________ products. - Published on 27 Jul 15a. Information Technology
b. Agricultural
c. Nuclear
d. Defence
ANSWER: Information Technology
Under this deal WTO members updated organisation’s 18-year-old Information Technology Agreement (ITA) by adding more than 200 products to the list of goods covered by zero-tariff and duty-free trade.