Eduardo Cafe

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A final principle characterizing the WTO is flexibility. This manifests itself in a number of forms. One is that governments may, if they desire, re-impose trade restrictions in specified circumstances. There are three types of provisions in this connection: articles allowing for the use of trade measures to attain noneconomic objectives, articles aimed at ensuring `fair competition', and provisions allowing for intervention in trade for economic reasons. ...more
The Political Economy of the World Trading System: From GATT to WTO
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