Question

The rule made by World Trade Organisation favour favour developed countries do you agree give reason your answer

Answer 1

The world trade organisation states that all trade barriers should be removed, and that trade should be free. This can be bad for developing countries as industries that has just started to come up can suffer due to competitions from foreign companies. But at the same time it can be beneficial for the developed countries, that can export their products to any country, whether developing or developed, and increase their profits.