Chapter

The Gatt: The First Piece of Paper

Lawrence W. R. Mills

in Protecting Free Trade

Published by Hong Kong University Press

Published in print March 2012 | ISBN: 9789888083985
Published online September 2012 | e-ISBN: 9789882209084 | DOI: http://dx.doi.org/10.5790/hongkong/9789888083985.003.0003
The Gatt: The First Piece of Paper

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This chapter discusses the establishment of the General Agreement on Tariffs and Trade (GATT) in 1947 and its impact on Hong Kong. The chapter explains how, under the GATT framework, Hong Kong obtained access for its industrial products – mainly textiles, garments, toys – in markets around the world. It also discusses growing trade protectionism in major markets in the 1950s and 1960s – much of it directed against Hong Kong products.

Keywords: Hong Kong; General Agreement on Tariffs and Trade; GATT; Industry; Trade; Textiles; Garments; Toys; Protectionism; Free trade

Chapter.  4402 words. 

Subjects: Business and Management

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