disadvantages of WTO..?
Joining the World Trade Organization (WTO) could offer Iran several advantages, such as increased access to global markets, enhanced foreign investment opportunities, and improved trade relations that could boost its economy. However, disadvantages may include the need to adhere to international trade rules that could limit Iran's ability to protect certain domestic industries and require significant economic reforms. Additionally, the political climate and ongoing sanctions could complicate Iran's efforts to fully benefit from WTO membership.
The World Trade Organization (WTO) offers Cambodia significant advantages, such as increased access to international markets and the potential for economic growth through trade liberalization. However, a key disadvantage is that Cambodia may struggle to compete with more developed countries, which can lead to challenges for local industries and small farmers who may not have the resources to adapt to global competition. Additionally, reliance on exports can make the economy vulnerable to external market fluctuations.
noo idea
Well, without trade, you would have to find/produce/beg for everything you need or want all by yourself. It is very difficult to live without at least some trading.As for disadvantages, well this is...
The Gulf of Thailand. Vietnam, Laos, Thailand. http://www.scottasia.net/2007/wto/cambodia/Cambodia_map.jpg
Christian Kraft has written: 'Joining the WTO' -- subject(s): Commercial policy, International trade, World Trade Organization
Function for WTO
the WTO has no scope... lol
wto
GATT is now known as WTO. The disadvantage of GATT is, It requires the member country to be market oriented, which is not possible for under developed countries that are facing poverty.
actually GATT is a part of WTO and WTO is a body under UNO