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The advent of the WTO has benefited the economic growth of developing countries by enabling them to engage in international trade and investment. Do u agree?

Title: The advent of the WTO has benefited the economic growth of developing countries by enabling them to engage in international trade and investment. Do u agree?
Category: /Business & Economy/Management
Details: Words: 1771 | Pages: 6 (approximately 235 words/page)
The advent of the WTO has benefited the economic growth of developing countries by enabling them to engage in international trade and investment. Do u agree?
Introduction The influence of WTO on developing countries has been long debated in the society; this paper focuses on the question of whether WTO has benefited developing countries in their involvement in international market. Firstly, the general background of WTO is provided, including its history, structure, and purpose. And the second part of the paper deals with different arguments towards the influences of WTO on developing countries. These arguments are concerned with 3 main problems: 1) Whether …showed first 75 words of 1771 total…
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…showed last 75 words of 1771 total…gaining their competitive edge. Developing countries are not being obligated to open their markets, they have higher income form tariff than developed ones. And WTO agreements include numerous provisions "special and differential treatments", which provide developing nations with time, attention and technical assistance, etc. Finally, the paper acknowledges that inequities do exist, so a new round of negotiations is necessary. So, WTO has helped developing countries in their participation in the international trade and investment.

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