1. India's Entanglement in the Global Economy
The deficiencies of the General Agreement on Trade and Tariffs (GATT) for less developed countries, such as India, can be seen in the preamble of the agreement. ... The preamble and initial provision within GATT articulate an inherent inequality which puts developing countries at a significant disadvantage because it demands that every member country be treated equally, when in reality developing countries, as the name suggests, are unequal economically and if we are to benefit similarly from this agreement as developed countries, we must be allotted special treatment. ... This troubling lack ...
- Word Count: 2837
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate