Joining the WTO is basically a commitment to enter the world market which is governed by a set of transparent and strict rules and regulations, to access to the large and open market of 150 countries. Once a country joins the WTO, it is granted with both benefits and responsibilities, advantages and disadvantages, and great opportunities and big challenges at the same time. When a nation joins the WTO, it gets access to a huge international market. Joining the WTO also sends a strong signal to the nation’s trade and investment partners about that country’s future direction in respect of trade. Not only in respect of trade, joining the WTO could be considered as a spanking new start of comprehensive reform in the economy, law, administration, education, training, and culture. Once a country joins the WTO, its economy starts to adjust to market changes that lead to labor and training changes. .
(Solved): Complete 6 pages APA formatted a…
by | Mar 12, 2022 | Uncategorized
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