The trade di sputes between rich and poor countries resolve around subsidies on tourism or communication or technology or Agriculture
Rich countries often provide subsidies to their industries, including tourism, communication, technology, and agriculture, which can put poorer countries at a disadvantage.
For example, subsidies for tourism in wealthy countries may attract more tourists to their destinations, reducing the number of tourists visiting poorer countries. This can have a negative impact on the economies of poorer countries that heavily rely on tourism for income.
Similarly, subsidies for communication and technology sectors in rich countries can give companies in those industries a competitive edge over companies in poorer countries. This can lead to market domination by the richer countries, stifling the growth of industries in poorer nations.
In the agriculture sector, some richer countries provide subsidies to their farmers, which can lead to overproduction and lower prices for agricultural products. This can harm farmers in poorer countries who cannot compete with the artificially low prices.
Overall, these subsidies can create an uneven playing field in international trade, making it difficult for poorer countries to compete with richer nations. Resolving these trade disputes often involves negotiations and agreements at the international level to address these issues and create a more equitable trading environment for all countries.