GLBL 210 Lecture Notes - Lecture 12: Uruguay Round, World Trade Organization, General Agreement On Tariffs And Trade
Document Summary
Set by stronger economies and benefits those economies. Trying to stop: restrict developing countries from using same mechanisms to boost economies as they had (kicking away the ladder) Gatt is subsumed as a body under the wto. Trying to stop: restrict developing countries from using same mechanisms to boost economies as. 2/3 of countries = developing, 1/3 = developed. Brazil and india = leading voices for developing countries. Trade in textiles and apparel (stalled since 2005) Trade barriers and tariffs in agriculture (stalled since 2008) Us and eu will not reduce/get rid of subsidies of agriculture. Will make a net that catches only shrimp. We don"t know what shrimping practices were used on imported shrimp. Us changed policies and also gave turtle- safe nets to those countries. 1 official round that includes wto was cancelled in 1999. Prevented delegates from walking from hotels to community center.