Despite being the world's largest international economic organization, the WTO has faced criticism for not adequately addressing socio-economic inequality. Why might critics argue this way?
1
The WTO primarily focuses on reducing tariffs and trade barriers, neglecting social justice issues.
2
The WTO's emphasis on consensus hinders effective decision-making for addressing inequality.
3
The WTO's annual budget allocation disproportionately benefits developed countries.
4
The WTO's influence on trade agreements has led to an unequal distribution of economic benefits.