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To what extent is an unfair world trade system the root cause of the widen development gap between the very rich and very poor?
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- Sun Apr 12 2009
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... Matthew Aspell Candidate Number 2247 Theale Green Community School 51235 Unit 5B6475/02 "To what extent is an unfair World Trading System the root cause of the widening development gap between very rich and very poor countries?" Abstract: The development gap between rich and poor countries has many factors, and although the trading system is one of the largest influences, others can be more important in certain times and places. Trading has relatively few rules and regulations, which can be exploited and whether or not an LEDC is exploited depends upon the government of the LEDC and the company developing inside the LEDC. MNC's in LEDC's can help development and stimulation of the economy, or they can cause corruption and further poverty. Some countries which are still considered LEDC's even though they are economically more powerful than many MEDC's leading to the answer that the World Trade System cannot be the root cause of the widening development













