What is the role of world …

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What is the role of world Trade organization as an international organisation? Why has the world Trade organization been criticized by some countries? Give two argument in this regard

Posted by Anup Boruah 1 year, 9 months ago

CBSE > Class 12 > Geography

2 answers

Divyansh Singh 1 year, 8 months ago

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Somya Singh 1 year, 9 months ago

FUNCTIONS •The world trade organisation is the only organisation that sets up rule for global trade. •It regulates the global trade and resolves the trade Conflicts between member countries. CRITICISM • WTO often faces criticism because it is dominated by superpowers like USA , Japan and European union. • it's decisions are often influenced by the policies and ideologies of these powerful countries. • it does not work for the economic development of developing countries . • it neglects the environmental concerns labour laws etc.

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