Tuesday, November 19, 2019

World Trade Organizations regulatory regime Essay

World Trade Organizations regulatory regime - Essay Example It has often been found that the people, who toil throughout the day in order to bring food to our tables, are unable to provide for two square meals a day to their own children. This trend is especially noticeable among the farmers who are compelled to work hard amidst all adversities to meet their both ends meet. This innate hunger and poverty might discourage the farmers or other such producers from producing premium quality products that subsequently might lead to a deterioration of the health standards of the consumers. The solution to any problem could be found in the roots of that problem and thus a number of researches were carried out in this regard. Gradually the fact came to light that the farmers were actually very poorly paid which made it very difficult for them even to sustain their lives – the problem was especially acute in developing nations. This was reflected in the quality as well as quantity of the products, none of which were found to be potentially satu rated in nature. This was hampering their position in the international market, killing their prospects to earn more and thus push the nations towards a trial of development. Since the World Trade Organisation aimed towards attaining a free trade environment without any trace of a constraint, it was important to assure that the producers were fairly treated so that no obstructions came in their path of development and growth. Hence, the concept of fair trade farms came into being to ensure that the small-scale and marginal farmers.

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