A recent study carried out by the World Trade organization has revealed a range of concerns regarding non-reciprocal preferential arrangements between developed and developing countries. This type of arrangement occurs when one country offers access to exports originating from another country on terms that are favourable than the existing tariffs and without requesting reciprocal market access (Wood, 2015). This type of arrangement differs from the popular preferential arrangements where market access is offered to signatories on a reciprocal basis. The study was conducted in March 2015 and the findings recorded in print. Based on the study, non-reciprocal market preferential arrangements are an advantage to most developing countries but pose a threat to the recipient developed countries.
The research comprised executive interviews with trade organizations of a selected number of developed and developing countries. The questions used in the survey were open-ended to give room for thorough analysis of the current situation. The respondents were able to give an unlimited set of opinions on the issues surrounding the non-reciprocal market arrangement. The responses from members of the developed and developing countries who participated in this research brought to surface issues that have plagued and continue to plague world trade. It discovered that several industries in developed countries were struggling to stay afloat with this policy at work. Additionally, despite the non-reciprocal trade arrangements extended to developing countries, most of them posed exuberant tariffs on agricultural and other products making an entrance into their markets from other developing countries (Wood, 2015).