Negative impact of world trade organization 0th
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Answer:
The most striking example is the system of tariff brokering that takes place through an organization designed to reduce barriers to trade. The WTO rules allow a nation to protect certain industries if the removal of tariffs would have undesirable side effects, which include the loss of vital domestic industries.
Free trade may prevent developing economies develop their infant industries. ... In areas, such as life-saving drugs, it has raised the price and made it less affordable for developing countries. WTO has rules which favour multinationals.
Answer:Free trade may prevent developing economies develop their infant industries. ... In areas, such as life-saving drugs, it has raised the price and made it less affordable for developing countries. WTO has rules which favour multinationals.
Explanation:
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