WTO:General Information

Essay specific features

 

Issue:

Social Issues

 

Written by:

Kelly M

 

Date added:

July 9, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1365

 

Was viewed:

9076 times

 

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Essay content:

To correct these distortions, the WTO is trying to impose a certain discipline by way of an Agreement on Subsidies and Countervailing Measures (ASCM). The perception of developing countries towards the ASCM is that it has serious imbalances. They argue that the subsidies they get for industrialisation and social development have been included in the actionable or prohibited category, implying that they are liable to countervailing duties, while that used by developed countries belong to the non-actionable category and hence exemption from countervailing duties...
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To correct these distortions, the WTO is trying to impose a certain discipline by way of an Agreement on Subsidies and Countervailing Measures (ASCM). The perception of developing countries towards the ASCM is that it has serious imbalances. They argue that the subsidies they get for industrialisation and social development have been included in the actionable or prohibited category, implying that they are liable to countervailing duties, while that used by developed countries belong to the non-actionable category and hence exemption from countervailing duties...
displayed 300 characters

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