Question

3. In the above example, we saw that the US government gives massive sums of money
to farmers for production. At times, governments also give support to promote production
of certain types of goods, such as those which are environmentally friendly. Discuss
whether these are fair or not.
please help ne out i have exam tom​

Answer 1

this is fair and unfair both in the following ways :

1. It is unfair because US does not coordinate acc to the rules of WTO .

2. It is fair as they are helping the farmers of their own country .

Answer 2

Yes it is fair as well unfair

Explanation:

• Supporting its farmers at the cost of fair global trade is not termed as a fair practice. Whereas, supporting the production of environmentally friendly products is advantageous for the entire world and every nation must follow such practices.
• WTO was initiated at the initiative of developed nations. The aim of the WTO is to liberalize global trade. WTO set-up rules concerning global trade for all nations, and ensures that these rules are conformed to. Developing nations such as India have removed trade barriers, while developed nations, in several cases, are continuing to offer protection to their manufacturers/producers.

To know more

Role of WTO in the international trade - Brainly.in

https://brainly.in/question/7810203