Question
Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

Answer

Developed countries want developing countries to liberalise their trade and investment because the MNCs belonging to the developed countries can then set-up their manufacturing centres in less-expensive developing nations lowering their manufacturing costs. This will increase their profits.
In my opinion, the developing countries should demand, in return, some manner of protection of domestic producers against competition from imports from the developed countries which are subsidised by them. Also, some additional charges should be levied on MNCs looking to set up base in developing nations.

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