Who would benefit the most if the WTO was abolished and rich countries did not have to eliminate their barrier

Question

Who would benefit the most if the WTO was abolished and rich countries did not have to eliminate their barriers to trade in textiles?

A. Textile workers in the United States

B. Textile workers in Pakistan

C. Consumers in the United States

Answer 1

US is a importer

Pakistan is a exporter

Barriers create a demand in US markets of textile and reduce the demand of Pakistan's textiles.

New demand increase the demand of workers and the companies will be able to increase the salaries a little.

Reduction in demand force to companies to fire workers

New demand means an increase in price.

So, the correct answer is A.

Answer 2

after we get rid of the rich

will the poor be next on your list?

Answer 3

I dont get this question.