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... developing countries. ‘The way the WTO works is like putting an adult in a boxing ring with a child. The WTO assumes all countries are equal – but they are not. The WTO should be helping to make countries more equal.
The Effect of Foreign Exchange Rate in the Export/Import Industry
Trade is not only about economics. It should also be underpinned by moral concerns. In the prevailing world economy, rich and poor do not compete on equal terms: the benefits of trade accrue disproportionately to the rich. In my point of view it’s not that we need a world trading system which enables rich and poor to compete on equal terms. Instead I believe that in an unequal world it is our responsibility to create a global trading system which explicitly and deliberately favors those who are currently severely disadvantaged, one which gives priority to resolving the problems of acute poverty before it begins to create systems based on fairness and equality of outcome.
Details
| language |  | english |
| wordcount |  | 901 (cca 2.5 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 2 |
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Preview of the essay: The Effect of Foreign Exchange Rate in the Export/Import Industry
The Effect of Foreign Exchange Rate in the Export/Import Industry In most developing countries agriculture is the major employer of labor. It produces most of the food eaten by the poor, and provides a large proportion of export earnings. This is why for ...... developing countries. ‘The way the WTO works is like putting an adult in a boxing ring with a child. The WTO assumes all countries are equal – but they are not. The WTO should be helping to make countries more equal.
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