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Question
What are the criticisms of WTO?
Short Note
Solution
- Free Trade Benefits Developed Countries more than Developing Countries
- Most Favoured Nation Principles
- Failure to Reduce Tariffs on Agriculture
- Neglect of Farmers Interest in Developing Countries
- Neglect Environmental Considerations
- Neglect of Cultural and Social Factors
- Inability of People in Developing Countries to Buy Life Saving Drugs
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World Trade Organisation (WTO)
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