Q. 44.5( 8 Votes )

Why do developed

Answer :

Developed countries are advanced in terms of production. They produce items on a large scale due to the availability of machines and technology. For these products, there is a requirement of the market which is huge in the case of developing nations. Hence, they want these developing countries to liberalize their trade and investment.

Developing countries should demand the transfer of technology, protection to local products and assurance of not dumping of these goods.

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