An introduction to the WTO and GATT

This article reviews the history of GATT and the WTO. It discusses the founding principles of the post-WW II world trading system--reciprocity and nondiscrimination. Lastly, the article reviews the economics literature on regional trade agreements and administered protection, two important exceptions to GATT's requirement in trade policy.

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Year of publication:	2003
Authors:	Crowley, Meredith A.
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 2003, Q IV, v. 27, no. 4, p. 42-57
Publisher:	Federal Reserve Bank of Chicago
Subject:	General Agreement on Tariffs and Trade (Organization) \| World Trade Organization

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005373093