Question

Name the group of countries which dominate the WTO.

Answer 1

United States and United Kingdom are the two nations which rule the World Trade Organization WTO alongside Russia.

● World Trade Organization is a huge all inclusive affiliation that deals with the movement of outside trade.

● It was set up in 1995 for the rule of remote trade and to ensure sorted out business practices.

● Be that as it might, WTO is being administered by the made countries.

● They have held and kept up their trade checks while making countries are being constrained to change their business parts.

● This has realized various conversations especially because of agrarian product.

Answer 2

The countries that dominate the WTO are Unites States, United Kingdom, Russia, Germany, Belgium, and more.

Explanation:

• The World Trade Organisation was set up in 1995 and it is an important international organisation that looks after the liberalization of foreign trade. It was established  for the regulation of foreign trade and to ensure free trade practices.

• The World Trade organization has 164 members and 23 observer governments. The WTO is being dominated by the developed countries.

• The countries have retained and maintained their trade barriers while developing countries are being forced to liberalize their markets.

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