Which of the following would be the biggest gain for the world's poor nations from the 2001 Doha WTO talks?
A) Gain from increasing barriers to cross-border investment
B) Gain from reduced agricultural tariffs and subsidies
C) Gain from expanding the use of antidumping laws
D) Gain from the promotion of communism across the globe
E) Gain from increased protectionism in the markets of the developed world

Question

Quizplus · Accepted Answer

Reduced agricultural tariffs and subsidies would benefit the world's poor nations the most by increasing their access to developed markets and reducing the competition from subsidized goods produced by developed countries. This would help them to increase their trade and economic growth. Other options either have a negative impact or no significant impact on the world's poor nations.

Which of the Following Would Be the Biggest Gain for the World's