special and differential treatment

Question 1

benefits of SDT’S

Answer 1

• promotes economic development
• develops services
• develops tourism
• poverty reduction

Question 2

problems of SDT’S

Answer 2

• not all ldc’s are members of WTO
• some ldc’s arent aware of WTO
• those who are aware dont always make use of them

Question 3

definition of SDT’S

Answer 3

have been a defining feature of multilateral trading system for most of post-war period

Question 4

why do we need sdt’s?

Answer 4

1. promotes faster income, growth and development
2. engaged in world trade on a more adventurous level
3. tackle structure handicaps that characterise ldc’s