CLEAN : Mexican WTO candidate seeks

The video discusses Mexico's success in leveraging free trade for development and the importance of changing perceptions within and outside organizations. It highlights the challenges faced by the World Trade Organization (WTO) due to unresolved negotiations and emphasizes the need for solutions. The video also addresses the issue of trade barriers, which have shifted from tariffs to regulations that hinder the free flow of goods.

What has been a key factor in Mexico's economic development?

• High tariffs

• Free trade

• Isolationist policies

• Increased taxation

Why is it important for the WTO to change perceptions internally and externally?

• To focus on local markets

• To increase tariffs

• To reduce global trade

• To maintain its effectiveness

What has affected the WTO's image according to the transcript?

• Successful negotiations

• Unresolved negotiations

• Increased membership

• Decreased funding

What are non-tariff barriers?

• High import taxes

• Regulations and norms

• Free trade agreements

• Export subsidies

What is a potential risk after reducing tariffs in many countries?

• Non-tariff barriers

• Decreased trade

• Higher import costs

• Increased tariffs