GATT Experience With Safeguards: Making Economic And Political Sense Of The Possibilities That The GATT Allows To Restrict Imports

Topics:
GATT
Tags:
Barrier,
Finance,
Free Trade,
GATT,
Tariff
Source:
Institute for Agriculture and Trade Policy

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Overview: This paper examines tariff and non-tariff policies that restrict trade between countries in agricultural commodities. Many of these policies are now subject to important disciplines under the 1994 GATT agreement that is administered by the World Trade Organization (WTO). The paper is organized as follows. First, tariffs, import quotas, and tariff rate quotas are discussed. Then, a series of non-tariff barriers to trade are examined, including voluntary export restraints, technical barriers to trade, domestic content regulations, import licensing, the operations of import State Trading Enterprises (STEs), and exchange rate management policies. Finally, the precautionary principle, an environment-related rationale for trade restrictions, and sanitary and phytosanitary barriers to trade are discussed.

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Format: HTML | Date: Jan 2003 | Pages: 1


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