Question

In World Trade Organization meetings, what do you think low-income countries lobby for?

Short answer

For reduction in trade barriers

Step-by-step solution

Step 1. Introduction 

World trade organization is an international trade organization that was established in 1995. WTO deals with rules of international trade between different countries.

Step 2. Explanation

Smaller countries have limited scope without trade. Limited possibilities for trade and competition exist in their internal market. In international trade, smaller countries receive relatively greater benefits than larger countries. Thus, smaller countries are likely to negotiate for a reduction in trade barriers, specifically in agricultural products and labor-intensive products because smaller countries are likely to export such products.