If globalization lead for and ensures ' free and fair ' trade among the developing countries, it is welland good, but the emphasis so far has been on ' free ' rather than ' fair ' trade. It is in thiscontext that the rich and industrially advanced countries have a role to play. While requiringdeveloping countries to dismantle barriers and join the mainstream of international trade, theyhave been raising significant tariff and non-tariff barriers on trade from developing countries.Thus, it is important that if the rich countries want a trading system that is truly fair, theyshould on their own lift the trade barriers and subsidies that prevent the products ofdeveloping countries from reaching their markets. It must be appreciated that there are some grey sides of the WTO. Many underdevelopedcountries have disparaged the functioning of the WTO as an unnecessary and expensivepropaganda for international trade. Its functioning has been condemned on the ground that theThe WTO is a means for developed nations to engage in trade wars and to have forced entry inunderdeveloped countries. Whether the WTO is in any way beneficial economically to theunderdeveloped counties has always been a contentious issue, the fact remains that it is oneOrganization at the global level that has provided free or less restricted trading in goods,services, technology, and capital among various countries. There are two facts that shallremain: First, Governments, with or without citizen support will likely continue to supportthe WTO, and Secondly, to attain globalization time is required.
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