Question

"WTO is not making rules fairly" explain the term with an example.​

Answer 1

Answer:

WTO is not making rules fairly" Explain the term with an example. Ans. To regulate World Trade Organisation is one such organization whose aim is to liberalize international trade. WTO is supposed to allow a free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers.

Answer 2

Explanation:

To regulate World Trade Organisation is one such organization whose aim is to liberalize international trade.  

WTO is supposed to allow a free trade for all, in practice, it is seen that the developed countries have unfairly retained trade barriers.  

. On the other hand, WTO rules have forced developing countries to remove trade barriers and subside.  

. For Eg, The Farmers of US receive massive sums of money from the US government for production and for exports to other countries. Due to this massive money, US farmers can sell the farm products at abnormally low prices. Developed countries have reduced trade barriers as per WTO but the governments of developed countries have ignored the rules of WTO.  

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