2.1 Failures of WTO

Question 1

Cotton:

Answer 1

$47bn mainly paid to rich country producers, 15million cotton farmers have high barriers and 5 million of poorest farming families forced out of business - rich world farmers also paid most of agricultural subsidies

Question 2

Trade agreements:

Answer 2

WTO failued to clarify rules on concluding trade agreements. In Africa countries have been forced to elimate tariffs on up to 90$ of trade with EU

Question 3

Medicine:

Answer 3

Poorest countries unable to access affordable medicine

Question 4

Legal cost:

Answer 4

No Africa country ever filed a complaint due to the high legal cost