In: Economics
Consider the details of Articles XXXVI – XXXVIII of the GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT 1947) provisions regarding developing countries, and identify the specifically important features of benefit to developing countries.
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10
Benifits of GATT to developning countries
1. It will lead to increase in heigher employment rate.
2. It will reduce to help child labour
3. Definitly develpoing countries would be able to access new markets.
4. It will lead to higher level of investment in develpoing countries.
5. It will help to increase lige expectancies as standard of living of developing countries will improve.
6. It will help to boost up economics growth of develpoing countries