Question

Why do developed countries want developing countries to liberate their trade and investment? What do you think should the developing countries demand in return?

Answer 1

Developed countries can produce and deliver goods at low cost and they can sell surplus goods at higher rates to other countries.

Through this way, developed countries can earn profits, and developed countries want developing countries to liberalize their trade and investment.

As WTO is supposed to allow free trade for all countries, but it has been found that developed countries have unfairly retained trade barriers.

The developing countries should follow the demand for fare trade practice that is done by the developed countries, and they can gain the subsidies from the developed countries to reduce the price of their surplus goods.

Unfairly trade rules should be removed from the trading zones held between different countries.