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Trade ministers agreed on broad goals and specific deadlines for liberalizing global commerce in agricultural goods and other products, but after those first steps Doha showed signs of trouble in the negotiations. Some of the countries representatives thought that Doha round would fall apart over differences with agriculture and industrial subsidies. The prediction was correct, not only the issues that had long been stumbling blocks in global trade negotiations but also these differences started a dispute between the developed nations and the major developing countries. The delegates from the developed nations complain that they would rather go back to their countries with empty handed than accept the modest compromises the rich countries were offering...
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Common topics in this essay:
- A Case for Trade Liberalization in Developing Countries
- Benefits of the world Trade Organization
- China and the World Trade Organization
- Discuss the advantages and disadvantages, to the participating countries and the rest of the world, of forming a free trade arrangement. China, Japan and Korea are now undertaking preliminary research into the formation of a free trade area. Withi...
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