The Decay of the Trade Relations System

Rodney C. Grey

Chapter 2 in Issues in World Trade Policy, 1986, pp 17-31 from Palgrave Macmillan

Abstract: Abstract The thesis of this chapter is relatively simple and straightforward. It is my view that there has been a gradual but very definite shift in the operation of the trade relations system from tariffs, as the most important and accepted technique of intervention, to ‘managed’ or ‘administered’ trade and the use of a variety of ‘contingency’ measures. This change in emphasis or shift in balance requires a re-thinking of trade policy.

Keywords: Trade Policy; Tariff Preference; Contingent Protection; Tokyo Round; Kennedy Round (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08636-8_2

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DOI: 10.1007/978-1-349-08636-8_2

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