INR Notes 10-1-2008

INR Notes 10-1-2008 - 10/1/2008 Regimes are issue-specific...

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10/1/2008 Regimes are issue-specific “sets of implicit or explicit principles, norms, rules, and decision-making procedures around which actor expectations and behavior converge” Stephen Krasner, INTERNATIONAL REGIMES, 1983 EXAMPLES OF TRADE RESTRICTIONS Tariffs Preferences Government subsidies State Trading Interstate commodity agreements/cartels Quotas Dumping 1776: Adam Smith: capitalism o England GATT: 1948 o Genera— HQ o Mission: Eradicate Trade barriers o Rounds = Meetings o Dispute Settlement o Avoid economic “war”/ protectionism among states MNF Status [Normal] o All GATT Members o Best terms and market access Mid 1940’s-1970 o GATT works well o #1 deterrent to Free Trade: Tariffs on industrial goods= focus o 1987— most industrial tariffs are gone or greatly reduced Weakness of GATT o Agriculture not covered under GATT o Not relevant to other states o Ineffective Dispute settlement process o Inability to confront the 1970’s global economic crisis
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This note was uploaded on 02/13/2011 for the course INR 2001 taught by Professor Richard during the Fall '08 term at University of Florida.

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INR Notes 10-1-2008 - 10/1/2008 Regimes are issue-specific...

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