The most extensive tariff cuts in the history of GATT were completed with the fifth and final stage of the Kennedy Round. Tariffs on a volume of trade in excess of $ 40 bn have been reduced by an average of 50 p.c.

The EC’s association and preference policy has again and again given rise to criticism by those developing countries who are not favoured as well as by the other industrial states. Sometimes, however, it seems that preferences have been overestimated. It cannot be overlooked that the...

The relations between 46 developing countries and the EC had to be reviewed and revised after the expiry of the EC association agreements with the 19 Yaoundé states and the three Arousha states and also because of the accession of Great Britain to the EC which made it necessary to include also...

Early this year the US Administration made reference to “a marked improvement in the relations between the EC and the USA over the period of the last three years” — an astonishing statement in the light of the mounting non-tariff obstacles to trade between the EC and the USA.

The EC Council of Ministers seems to have made up its mind to admit Greece to the Community. If so, the accession of the other South European countries willing to join — Spain, Portugal and Turkey — is merely a question of time. What are the implications of such an enlargement of the EC for...

The sudden shock of the fivefold increase of the price of oil in the autumn of 1973 has been reflected since in the world trade by structural changes in its composition by categories of goods and its regional distribution. How has the international trade coped with this shock, and which more...

Early this year the US Administration made reference to "a marked improvement in the relations between the EC and the USA over the period of the last three years" - an astonishing statement in the light of the mounting non-tariff obstacles to trade between the EC and the USA.

The EC Council of Ministers seems to have made up its mind to admit Greece to the Community. If so, the accession of the other South European countries willing to join - Spain, Portugal and Turkey - is merely a question of time. What are the implications of such an enlargement of the EC for the...

The sudden shock of the fivefold increase of the price of oil in the autumn of 1973 has been reflected since in the world trade by structural changes in its composition by categories of goods and its regional distribution. How has the international trade coped with this shock, and which more...