Question

WTO favors the trend in global business towards deregulation?
please I have to submit.....​

Answer 1

Yes,WTO favors the trend in global business towards deregulation.

Answer 2

WTO favors the trend in global business towards deregulation

Explanation:

• World Trade Organisation endeavours to ensure that trade is fair as possible and as free as practicable by negotiating rules and abiding by them.
• The WTO is to work towards the liberalisation of international trade and investment to promote economic welfare.
• Under WTO the developing countries, especially least developed countries liberalisation requirements are lower and they are allowed longer period to fulfill the liberalisation commitments.
• The WTO also looks after the interests of imports and special needs of the developed nations.

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WTO favors the trend in global business towards deregulation?

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