Q587
Consider the following statements. Assertion (A): There was demand for World Bank, IMF and ITO type institutions after World War II so as to avoid war type situation in future. Reason (R): The great depression of early 1930s produced the apprehensions that imports would throw more people out of work. This led governments to raise their trade barriers, retaliations and protectionism.
A.
Both (A) and (R) are correct and (R) supports (A)
AnswerB.
Both (A) and (R) are correct, but (R) does not support (A)
C.
(A) is correct, but (R) is incorrect
D.
(R) is correct, but (A) is incorrect
Answer: Option A
Solution
Answer: Option A
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