This video lays out some of the widely discussed strengths and weaknesses the WTO. For instance, a strength may be that the WTO gives developing nations an incentive to move toward freer trade policies. But, the WTO is often criticized for not doing more to tackle agricultural subsidies and tariffs which serve as major barriers to trade for developing nations. This video also takes a look at whether the WTO actually increases trade, or whether countries are naturally moving toward free trade, as we've seen by the increase in bilateral trade agreements.
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15 сен 2015
