Asked by Sophia Michelle on May 12, 2024
Verified
Critics of the World Trade Organization (WTO) say that liberalized world trade does all of the following except
A) produce environmental degradation.
B) allow producers to circumvent labor protections such as workplace safety, child labor restrictions, and collective bargaining rights.
C) help developing nations escape from poverty.
D) promote the interests of multinational corporations.
World Trade Organization
An international body that oversees global trade rules between nations, aiming to ensure trade flows as smoothly, predictably, and freely as possible.
Multinational Corporations
Large companies that operate and have assets in several countries, allowing them to produce and sell goods and services across national borders.
- Identify and describe key international economic organizations and their impact on global trade.
Verified Answer
Learning Objectives
- Identify and describe key international economic organizations and their impact on global trade.
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