Yes, Least Developed Countries (LDCs) can choose to leave the World Trade Organization (WTO), just like any member state. However, such a decision would involve complex considerations, including the potential impact on trade relationships, access to markets, and economic support. Leaving the WTO could limit their participation in global trade negotiations and reduce their access to benefits provided to member states. Ultimately, the decision would depend on the specific circumstances and strategic interests of each LDC.
Anselmo Nhara has written: 'The impact of WTO duty-free and quota-free market access for least developed countries (LDCs)'
Less Developed Countries
Function for WTO
the WTO has no scope... lol
wto
actually GATT is a part of WTO and WTO is a body under UNO
disadvantages of WTO..?
As of October 2023, the World Trade Organization (WTO) has 164 member countries. The organization was established in 1995 to regulate international trade and ensure that trade flows as smoothly, predictably, and freely as possible. Membership in the WTO is open to any state or customs territory with full autonomy in its external trade relations.
The initials for the global trade organization are WTO, which stands for the World Trade Organization. The WTO is responsible for regulating international trade and ensuring that trade flows as smoothly, predictably, and freely as possible among nations.
wto means world trade organization.
wto and it's relation in India
a brife explanation of wto and its funtion