Developed countries want

Question

Quizplus · Accepted Answer

Developed countries often push for less protectionism by developing countries as they want easier access to markets in those countries for their exports. This helps their own businesses and economy. However, lower import tariffs (choice A) and lower world prices for their exports (choice C) may not always be in their best interest as it could harm their businesses and economy. Higher prices on products they import (choice D) is also not desired as it could lead to inflation and higher costs for consumers. More loans to developing countries (choice E) may be a priority for some developed countries that offer aid and assistance, but it is not always a main goal in trade negotiations.

Developed Countries Want