What is wto ?why it has been critized and opposed ?explain any four reasons
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Therefore, the WTO has been criticised for being unfair and ignoring the needs of developing countries. Environment. Free trade has often ignored environmental considerations. e.g. Free trade has enabled imports to be made from countries with the least environmental protection
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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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