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.
disadvantages of WTO..?
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...
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
actually GATT is a part of WTO and WTO is a body under UNO
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.
wto means world trade organization.
wto and it's relation in India
a brife explanation of wto and its funtion