For a chance's Entrepreneurs

Entrepreneurs in emerging countries

World Trade Organization (OMC): liberalization of trade, who favors?

with one comment

Good Morning friends,

How are you today?

On January,1995, international trade was one of the most important steps, establishing the World Trade Organization despite its few years this multilateral institution has established itself as one of the most important in the world . It is the only organ of government that deals with international rules governing trade between countries.

The benefit of the liberalization of the markets depends on the transformation process carried out before the liberalization, the level of educational attainment and income distribution in each country among other things.

Unfortunately the countries with low development are not exactly defined by this.

In such negotiations alone normally benefit companies stronger countries, the weaker countries smash.In this globalized world, where the liberalization of the markets benefits the industrialized countries, which see it as protecting their markets, raising import tariffs.

 With the liberalization of the market who thinks it have benefits?

 

Best regards,

 

Mireya

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