How the wto implements new trade and national competitive


Problem:

Many domestic manufacturers have called for protection from foreign firms coming into their country and dumping cheap goods. While consumers enjoy the benefits of low cost products, companies lose millions of dollars. Many firms have lobbied their own national government to pass "anti-dumping" legislation.

Explain how the WTO implements new trade and national competitive advantages among the nations of the world. Provide examples to support your answer.

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