Practicing Success
What is one criticism of India's membership in the WTO? |
Limited volume of international trade among developed nations Lack of fair global rules and regulations Excessive agricultural subsidies in developing countries Unequal market access for developed and developing countries |
Unequal market access for developed and developing countries |
Some scholars question the usefulness of India being a member of the WTO as a major volume of international trade occurs among the developed nations. They also say that while developed countries file complaints over agricultural subsidies given in their countries, developing countries feel cheated as they are forced to open their markets for developed countries but are not allowed access to the markets of developed countries |