Question

What steps should be taken to make trade fairer between the countries?

Answer 1

The following steps should be taken :

(i) Before imposing trade barrier interest of the  developing countries should be taken care.

(ii) Rules and regulations should be uniform.

(iii) Ensure that the developed countries do not  retain trade barriers unfairly.

(iv) Labour laws should be implemented properly.

(v) Small producers should be supported to  improve their performance till they become  strong enough to compete.