what do you development countries want developing countries to liberalise their trade and investment what do you think should be developing countries demand in return
Answers
Answer:
Developed countries want developing countries to liberalise their trade and investment because goods could be imported and exported easily and also foreign companies could set up factories and offices in their country.
Answer:
The developing countries should demand for fair trade practices to be followed by the developed countries under which they should stop giving subsidies to the sector.
Developed countries wish developing countries to liberalize their trade and investment as a result of the MNCs happiness to the developed countries will then found out their producing centers in less costly developing nations by investing there, thereby’lowering their producing prices. this may increase their profits.
WTO is supposed to allow free trade for all.
In my opinion, the developing countries ought to demand, in return, for a few manner of protection of domestic producers against competition from imports from the developed countries that are supported by them.
Also, some further charges ought to be levied on MNCs wanting to line up base in developing nations.