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GMOs have brought new concerns into an already challenged world trading system. This paper considers the jointly enodogenous formation of GMO-related standards and sub-global trading agreements. Standards are understood as tolerance levels for GMOs. Sub-global trading agreements may be either...
Persistent link: https://www.econbiz.de/10014601254
The Generalized System of Preferences (GSP)—a system of differential and favorable trade arrangements toward less developed countries, adopted by the General Agreement on Tariff and Trade (GATT)—has been around since the early 1970s. A primary objective of these schemes has been to promote...
Persistent link: https://www.econbiz.de/10014615414
In recent decades, free trade agreements have been proliferated and have become a major part of the global trading system, along with the multilateral framework represented by the World Trade Organizations. This article discusses some of the major issues with FTA in relation to the WTO...
Persistent link: https://www.econbiz.de/10014615417
The current world trading system lacks a procedure to identify developing country Members, to whom "Special and Differential Treatment" (SDT) is granted. Based on the analysis of five methods of identifying developing country Members, which are GATT Article XVIII definition, listing,...
Persistent link: https://www.econbiz.de/10014615420
Poverty remains a serious global issue, and nearly half of the world's populations are still living below the poverty line. International trade has been a vehicle for successful economic development for some developing economies in East Asia, including South Korea, Taiwan, Hong Kong, Singapore,...
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