World trade organisation Flashcards
1
Q
what is the WTO’s role
A
deal with trade rules between countries, which is negotiated and signed by almost all world trading nations
2
Q
what are the advantages of the WTO
A
- helps poor countries
- aims to make globalisation inclusive
- aid and assistance
3
Q
what are the disadvantages of the WTO
A
- mostly controlled by the west (USA)
- Critised for trade rules being unfavourable to developing countries
- difficult
4
Q
what is the WSSD
A
the world summit on sustainable development
5
Q
what is agenda 21
A
- A plan of action globally, nationally and locally
- adopted by blueprint
- there is controversy in USA as they feel they are being personally attacked on their liberties like family size and cars