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This chapter focuses on the substantive aspects of the exception for Free Trade Agreements (FTAs) in relation to goods under Article XXIV of GATT 1994, examining in detail the conditions with which FTAs must comply in order to fall within the exception. These conditions relate to the elimination...
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represented 83% of the world's population and 91% of the world's GDP in 2013. We address five questions: Do some countries have …, how liberalized is world trade? Our analysis documents the extent of cross-sectional heterogeneity in applied commercial … policy barriers remain as an important feature of the world economy. …
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