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the five principles of the WTO (trade without discrimination, freer trade, predictability, fair competition and encouraging...

the five principles of the WTO (trade without discrimination, freer trade, predictability, fair competition and encouraging development and economic reform), if followed, would provide developing nations a boost in their development. agree or disagree?

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If the principles of WTO is followed properly definitely it will boost the developing nations economy. I completely agree with this statement.

The main motto od WTO is to allow free trade across the globe.

World Trade Organization provides a trade settlement and solve the disputes. But the thing is Developed countries are using their influence and often the benefits of WTO are not passed to developing countries like India,Brazil etc.

Most countries will impose import tax in order to promote their domestic industries. Recent example is USA increasing import taxes on Chinese products. Inturn china also increased taxes on American products.

India is imposing a 100% tax on harley davidsom motorbikes that are manufactured in USA.

If WTO is foolowed without any discrimination , and with fair competition and encouraging development and economic reform it will surely help the developing nations.

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