Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th
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World Trade Organisation (WTO)

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Topics

description

  • Meaning
  • Objectives of WTO
  • Functions/Role of WTO
  • Benefits of WTO
  • Criticism Against WTO
  1. Free Trade Benefits Developed Countries more than Developing Countries
  2. Most Favoured Nation Principles
  3. Failure to Reduce Tariffs on Agriculture
  4. Neglect of Farmers Interest in Developing Countries
  5. Neglect Environmental Considerations
  6. Neglect of Cultural and Social Factors
  7. Inability of People in Developing Countries to Buy Life Saving Drugs
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