Although the EC’s Generalized System of Preferences has been in force since July 1, 1971, vagueness still prevails with regard to the question to what extent the system has contributed to the lowering of tariff barriers and of what service it has thus been as a tool for the promotion of...

In the last two years, the United States has reversed the post-World War II trend toward the lowering of trade barriers and a commitment towards multilateral free trade. Citing a need to “level the playing field” and hold trading partners accountable to their commitments, the current...