May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 48: India and the WTO | 629 |
country, and even the extent of the favourable or unfavour-
able impact may also vary. It is, therefore, quite natural
that confl icts of interest have arisen both among the devel-
oping and developed countries. Latin American countries
are said to be not very interested in liberalizing the trade in
textiles as they feel that if they could gain a direct entry to
the NAFTA through some regional arrangement, it could
give them an edge over competitors like India, Pakistan and
Bangladesh.
(vi) Some studies have shown that sub-Saharan Africa, Indonesia
and some Caribbean islands will be poorer as a result of the
UR Agreement. However, they would stand to gain if liberal-
ization leads to higher productivity ...
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