Because "free global trade" is seldom truly "free". Many nations will subsidize their goods and services to force the price down in foreign markets. That gives them an advantage, changing the value of their money and often causing financial destabilization in other industrialized nations. Other nations deliberately create a national sense of pride that results in a willingness to pay more for their products even though foreign goods or services might be better. Japan is a good example. They would rather pay several dollars for a Japanese melon rather than purchase a foreign melon for much less money even if the quality is the same.
The United States
world trade organization
The WTO (World Trade Organization)
. The World Trade Organization (WTO)
the efforts by the world trade organization on encourage free trade?
There are 153 members in the World Trade Organization.
World Fair Trade Organization was created in 1989.
The full form of WTO is the World Trade Organization.
Resolving international trade disputes.
The main goal of the World Trade Organization is to make sure trade goes smoothly
The World Trade Organization was formed in order to promote free trade.
world trade organization