Chapter

The GATT, Then and Now

Petros C. Mavroidis

in Trade in Goods

Published in print July 2008 | ISBN: 9780199552139
Published online January 2009 | e-ISBN: 9780191716591 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199552139.003.0006
 The GATT, Then and Now

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This chapter discusses the original GATT and its evolution. It argues that although new agreements are being agreed, problems remain: non-discrimination is all but a smokescreen in today's trading system; issues relating to developing countries' interests are a constant topic of discussion which, in and of itself provides the proof that the previous talk on the same subject did not do the job. It is further argued that the world trading system has entered a phase quite comparable to what antitrust authorities had to face with the emergence of rule of reason.

Keywords: GATT; international trade; trade agreements; WTO; rule of reason

Chapter.  3054 words. 

Subjects: Public International Law

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