Regulation of international trade within the framework of the world trade organization (WTO)

Regulation of International Trade under WTO rules: objectives, functions, principles, structure, decision-making procedure. Issues on market access: tariffs, safeguards, balance-of-payments provisions. Significance of liberalization of trade in services.

Рубрика Международные отношения и мировая экономика
Вид курс лекций
Язык английский
Дата добавления 04.06.2011
Размер файла 149,5 K

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During the six-year implementation period, developing countries are allowed under certain conditions to use subsidies to reduce the costs of marketing and transporting exports.

Other provisions.

1) Export restrictions on foodstuffs should not be introduced without giving due consideration to the effects of such restrictions on importing Member's food security.

2) Due restraint or peace clause should be applied when subsidies in respect of agricultural products are to be subject to other WTO agreements.

3) Net food-importing developing countries should be ensured the availability of adequate supplies of basic foodstuffs from external sources on reasonable terms and conditions.

Questions

1. Why are trade in agricultural products and textiles and clothing subject to special agreements in GATT 1994?

2. Who will benefit more from the Agreement on Agriculture, the developed countries or the developing ones?

3. What are areas of commitments under Agreement on Agriculture?

4. What is AMS and how is it calculated?

5. Explain Special Safeguard Provisions.

6. Discuss the tariff reduction formulas in Agricultural Trade.

Reference

1. GONZALEZ, C.G., Institutionalizing inequality: the WTO Agreement on Agriculture, food security, and developing countries. Colum. J. Envtl. L., 27 (2002), p. 433-490.

2. Bhagirath Lal. The World Trade Organization - A Guide to the Framework for International Trade, Third World Network, Malaysia 1999.

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