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Which among the following are criticism of World Trade organization (WTO)...

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Banking and Financial Institutions
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Which among the following are criticism of World Trade organization (WTO)?
1. It is not a democratic and transparent institution.
2. it has domination of international trade by rich countries for the benefit of their individual interests.
3. It encourages a 'race to the bottom' in wages by pitting workers against each other rather than promoting internationally recognized labour standards.
4. It is seeking to privatize essential public services.

Answer & Solution
Correct Answer: Option D
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