However sharp the clash between the industrial countries' notions of a world economic order and those of the developing countries, one point is gaining increasing importance for both camps: the fight against spreading protectionism. Rising import barriers in the North restrict the developing...

The goal of phasing out, and ultimately eliminating, the differential treatment in trade presently accorded to developing countries was incorporated into the GATT during the Tokyo Round. What are the arguments in favour of this process of “graduation” and what would be its disadvantages?...

All Latin American countries strive for diversification of the exportable industrial production and the exploitation of new and non-traditional foreign export markets. These efforts are not free from the dangers of erroneous assessment of the limits of exports resulting in grave disadvantages...

The next round of GATT negotiations - the so-called "Nixon Round" - will be opened at the ministerial level in Tokyo on September 12–14, 1973, and probably continue for several years in Geneva. Less developed countries (LDCs) which have not joined GATT but nevertheless wish to participate in...

The growing importance of Japan on the world market has brought with it changes in the international division of labour and a shift in the focus of the expansion in world trade away from the EC and the USA. What factors determine the shares of the EC, the USA and Japan in international trade?...