Which of the following are the benefits of ‘developing country’ tag at the World Trade Organization (WTO)?
1. Certain WTO agreements give developing countries special rights through ‘special and differential treatment’ (S&DT) provisions.
2. WTO pacts are often set more lenient target for developing nations and grant them more time to achieve these targets compared to developed ones.
3. The classification allows other countries to offer preferential treatment.
Select the correct answer using the code given below: