An introduction to the WTO and GATT
Abstract: This article reviews the history of GATT and the WTO. It discusses the founding principles of the post-WW II world trading system--reciprocity and nondiscrimination. Lastly, the article reviews the economics literature on regional trade agreements and administered protection, two important exceptions to GATT's requirement in trade policy.
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2003/4qeppart4.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2003
Issue: Q IV