Globalization

Essay specific features

 

Issue:

Social Issues

 

Written by:

Derek F

 

Date added:

December 6, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 793

 

Was viewed:

723 times

 

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Essay content:

These rules and regulations included establishing normal trade relations with all states, restricting non-tariff barriers to trade, restricting unreasonable technical limitations on imports, lower tariffs, and eliminating subsidies and dumping. Over time, the nations affiliated with the GATT began resembling a regime; however, "there were still various issues that the agreement did not address" (Brady 2002)...
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For example, guidelines for the trade of agriculture, textiles, intellectual and cultural property, and services were not included in the GATT. This lack of regulation created problems in international trade. After almost forty years, members of the GATT met to resolve the resulting problems. Finally, in 1994, the states came to an agreement in every area except textiles...
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