Why might WTO rules be considered unfair for developing countries?

They have more negotiating power than developed countries.

They often must cut subsidies that developed countries still utilise.

They are less reliant on international trade.

They benefit more from globalisation than developed countries.

Video Explanation

Watch Video Solution

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

Define globalisation and explain how it impacts the Indian economy.

Q2.

Discuss the role of multinational companies in facilitating globalisation through trade and investment.

Q3.

What are some important factors and institutions that facilitate globalisation?

Q4.

Analyse the positive impacts of globalisation on the Indian economy.