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Regional FTA are preferred by many countries, not for the WTO because…. (S) 1. It is...

Regional FTA are preferred by many countries, not for the WTO because…. (S)

1.

It is easier for a small number of countries to reach an agreement than a large amount

2.

All other answers are correct

3.

The goals of Regional Free Trade Agreements most likely than not fit well with those of the WTO

4.

WTO negotiations tend to be at a slow pace

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Answer #1

2. All other answers are correct

In case of Regional Free Trade Agreements, it is easy to reach an agreement for small number of countries and the objective of the FTA and the WTO are different based on their policies and requirements as well and in case of WTO the multilateral negotiations take place at a very slow pace

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