Chapter

Discrimination in International Trade, 1947–1985

Richard Pomfret

in The Economics of Regional Trading Arrangements

Published in print November 2001 | ISBN: 9780199248872
Published online November 2003 | e-ISBN: 9780191596797 | DOI: http://dx.doi.org/10.1093/0199248877.003.0005
 Discrimination in International Trade, 1947–1985

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Discusses the erosion of adherence to the non‐discrimination principle between 1947 and 1985. Section 1 analyses the discriminatory removal of quantitative restrictions on intra‐European trade during the 1950s, and why this did not have any lasting effect in eroding the MFN principle. Section 2 analyses Western European Economic Integration, and Sect. 3 analyses the European Union's external trade polices. Section 4 analyses the less‐developed countries’ attitudes to the GATT, focusing on preferential trading arrangements among LDCs and on tariff preferences granted by high‐income countries to imports from LDCs. Section 5 describes the USA's principled support for the non‐discrimination principle during the 1960s and 1970s, and the erosion of this position during the 1980s. Section 6 describes other discriminatory trading arrangements and trade policies.

Keywords: economic integration; Europe; European Union; less‐developed countries; most‐favoured nation; tariff preferences; trade; trade policy; USA

Chapter.  18352 words. 

Subjects: International Economics

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