Economy, asked by HaneenYousuf, 4 months ago

what are the limitations of world trade organization ?​

Answers

Answered by itzrithvik
153

Explanation:

Criticisms of WTO

Free Trade benefits developed countries more than developing countries. ...

Most favoured nation principle. ...

Failure to reduce tariffs on agriculture. ...

Diversification. ...

Environment. ...

Free trade ignores cultural and social factors. ...

The WTO is criticised for being undemocratic. ...

Slow progress.

Answered by tanvi1307
0

Answer:

Criticisms of WTO

  • Free Trade benefits developed countries more than developing countries. ...
  • Most favoured nation principle. ...
  • Failure to reduce tariffs on agriculture. ...
  • Diversification. ...
  • Environment. ...
  • Free trade ignores cultural and social factors. ...
  • The WTO is criticised for being undemocratic. ...
  • Slow progress.

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