However there is a major setback that affects the performance of the least

However there is a major setback that affects the

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However, there is a major setback that affects the performance of the least developed countries such as different commodities outweighing others in the market such as mining and agricultural products outweighing the manufactured products. Similarly, changes in the international environment affect the least developed states negatively since there are fluctuations in commodity prices. Nevertheless, WTO has laws and regulations that show how disputes
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among states can be solved. WTO has a ministerial conference headed by a director general, a general council and a secretariat.
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References Chemutai, Vicky and Hubert Escaith. "Measuring World Trade Organization (WTO) Accession Commitments and Their Economic Effects." Journal of International Commerce, Economics & Policy, vol. 8, no. 2, June 2017, p. -1. EBSCOhost, doi:10.1142/S1793993317500077. HYAMS, Adam and Gonzalo VILLALTA PUIG. "Preferential Trade Agreements and the World Trade Organization: Developments to the Dispute Settlement Understanding." Legal Issues of Economic Integration, vol. 44, no. 3, Aug. 2017, pp. 237-264. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=bth&AN=124295641&site=ehost-live. Baldwin, Richard. "The World Trade Organization and the Future of Multilateralism†." Journal of Economic Perspectives, vol. 30, no. 1, Feb. 2016, pp. 95-116. EBSCOhost, doi:10.1257/jep.30.1.95. Piewitt, Martina. "The Creation of the World Trade Organization and the Establishment of an Advocacy Regime." Journal of Public Affairs (14723891), vol. 15, no. 1, Feb. 2015, pp. 62-75. EBSCOhost, doi:10.1002/pa.1496.
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