mention the limitations of world trade organisation in points
please guys answer fast urgently needed nd don't give irrelevant answer otherwise I will report
must answer in points
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Disadvantages of WTO
-Free Trade benefits developed countries more than developing countries
-Most favoured nation principle. This is a core tenant of WTO rules – countries should trade without discrimination.
-WTO is being overshadowed by new TIPP trade deals.
-Difficulty of making progress.
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Answer:
here is your answer sis...
Explanation:
Disadvantages of WTO
- However, the WTO has often been criticised for trade rules which are still unfavourable towards developing countries. ...
- Free trade may prevent developing economies develop their infant industries. ...
- WTO is being overshadowed by new TIPP trade deals. ...
- Difficulty of making progress.
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