Benefits of the world Trade Organization

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Therefore if a company from the US wanted to import a raw material it would not be a simple case of comparing prices from differing countries. The company would have to make calculations and study the regulations of buying from certain countries making life much more complicated then it has to be...
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The company would have to make calculations and study the regulations of buying from certain countries making life much more complicated then it has to be. Since the rules of the WTO apply to all member countries there is no confusion about the import duties and companies can choose simply from the cheapest producer thus making the final product cheaper for the consumer...
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