Question

Which industries seem to be least impacted by China going the WTO?

Which industries seem to be least impacted by China going the WTO?

Homework Answers

Answer #1

WTO membership opens up China’s market for more international trade and investment, and opens up the world economy for China’s exports.

But foreign intervention and others are concerned that the
competition of foreign imports and foreign enterprises in China might destroy important domestic enterprises in China’s agricultural, manufacturing and service sectors

Industries where substantial reductions in tariffs will be needed include textiles,clothing, electronics, light manufactures and automobile sector.

Extractive Industries are also least impacted.

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