Why do developed countries want developing countries to liberalize?


Dear Student

The following points may help you:

a. Developed countries basically want developing countries to remove all trade barriers. to liberalise their trade and investment to encourage free trade.
b. Developed world basically want to expand market for its own goods, to ensure supply of resources.
c. They are also looking for the prospect of expanding market and looking for cheap labour,
d. They want to tap the man power available in developing countries and reduce their cost of production.

Regards


 

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Why do developed countries want the developing countries to liberalize their trade?
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