IBUS 301 - WTO

IBUS 301 - WTO - INTERNATIONAL TRADE RELATIONS IBUS 301...

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INTERNATIONAL TRADE RELATIONS IBUS 301 FALL 2011 - A.PERRI 1
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VIDEO1 – THE ROUTES OF TRADE IBUS 301 FALL 2011 - A.PERRI 2
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Bretton Woods, 1944 Havana Charter, 1947 International Trade Organization International Trade Organization World Trade Organization, 1995 World Trade Organization, 1995 World Bank World Bank IMF IMF GATT, 1947 POST WORLD WAR II … IBUS 301 FALL 2011 - A.PERRI 3
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BEWARE OF INTERNET HOAXES !!!! WWW.GATT.ORG IS A HOAX !!!! ( PRETTY GOOD ONE …) THE TRUE SITE IS WWW.WTO.ORG IBUS 301 FALL 2011 - A.PERRI 4
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THE GATT General Agreement on Tariffs and Trade Rules for Lowering Trade Barriers Bicycle theory negotiation Became an Organization and a Set of Rules Unanimous Consent IBUS 301 FALL 2011 - A.PERRI 5
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PRINCIPLES OF THE GATT Nondiscrimination Most-Favored Nation (MFN) Principle Reciprocity IBUS 301 FALL 2011 - A.PERRI 6
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PRINCIPLES OF THE GATT (CONT.) Transparency No Quantitative Restrictions Make Protection “Visible” (no hidden barriers) Safeguards Domestic Industry Protection (possibly infant industry) (if sudden and large import surge) Limited, Nondiscriminatory Use Only IBUS 301 FALL 2011 - A.PERRI 7
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THE GATT ROUNDS Nine Rounds (1947–present) GENEVA (1947) ANNECY (1949) TORQUAY (1950) GENEVA (1956) DILLON (1960-1961) KENNEDY (1962-1967) TOKYO (1973-1979) URUGUAY (1986-1994) DOHA – WTO (2001–2008) IBUS 301 FALL 2011 - A.PERRI 8
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RESULTS OF THE GATT ROUNDS Significant Tariff Reductions Expansion of Merchandise Trade Volumes 1963-1973: +400% 1973-1983: +250% 1983-2007: +150% IBUS 301 FALL 2011 - A.PERRI 9
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WTO/ Overview/01 http://www.wto.org/english/res_e/doload_e/tif.pdf IBUS 301 FALL 2011 - A.PERRI 10
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GATT ROUNDS THE DECLINE IN INDUSTRIAL COUNTRIES’ TARIFFS 0 5 10 15 20 25 30 35 40 45 1940 1950 1960 1970 1980 1990 2000 IBUS 301 FALL 2011 - A.PERRI
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Non-Tariff Barriers: Agreement on Export Subsidies
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This note was uploaded on 02/22/2012 for the course IBUS 301 taught by Professor Ms.nartey during the Fall '12 term at South Carolina.

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IBUS 301 - WTO - INTERNATIONAL TRADE RELATIONS IBUS 301...

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