The seventies can be seen as the decade where the ingenuity of the human mind knew no bounds to the invention of new non-tariff barriers, circumventing the original GATT rules. Where has this neoprotectionism led so far and what is the outlook for the future?

GATT has had extraordinarily scant “success” in the agricultural sphere up to now. To what extent is this due to the special status accorded to agriculture in GATT? Are trends discernible within GATT that might lead to an improvement in the situation? Might the Uruguay Round produce...

Data on the US economy and the political climate in the USA make it probable that the trend towards trade restrictions in the United States will further intensify. What would be the consequences of an escalation of trade conflicts among the western economies? How might an internationally...