An introduction to the WTO and GATT

Meredith Crowley

Economic Perspectives, 2003, vol. 27, issue Q IV, 42-57

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.

Keywords: General Agreement on Tariffs and Trade (Organization); World Trade Organization (search for similar items in EconPapers)
Date: 2003
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