Question

Government can negotiate at the wto for fairer rules. Explain

Answer 1

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Answer 2

Answer:

HERE IS YOUR ANSWER DEAR...

Explanation:

1. To regulate World Trade Organisation is one such organization whose aim is to liberalize international trade.

2. WTO is supposed to allow free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers.

3.On the other hand WTO rules have forced the developing countries to remove trade barriers and subside.

4. For Example: The farmers of US receive massive sums of money from the US government for production and foe exports to other countries. Due to this massive money US farmers can sell the farm products at abnormally low prices. Developed countries have reduced trade barriers as per WTO but the governments of developed countries have ignored the rules of WTO.