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WTO:General Information
Essay specific features
Written by:
Kelly M
Date added:
July 9, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1365
Was viewed:
9146 times
Rating of current essay:
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...
displayed 300 characters
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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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