Economics · International Trade Organizations
Why do developing countries often criticize the functioning of the World Trade Organization (WTO)?
- 1It prohibits new member states from joining
- 2It lacks decision-making transparency and is dominated by major developed powers✓
- 3It operates as a direct subsidiary of the UN Security Council
- 4It focuses exclusively on agricultural trade
Correct answer
It lacks decision-making transparency and is dominated by major developed powers
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