Question
Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?
Solution
Developed countries want developing countries to liberalise their trade and investment because goods could be imported and exported easily and also foreign companies could set up factories and offices in their country.
Developing countries should demand the free and fair flow of their labour and reduction in the subsidies in agriculture sector of developed countries in return.
