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The Economics of Regional Trading Arrangements$
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Richard Pomfret

Print publication date: 2001

Print ISBN-13: 9780199248872

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248877.001.0001

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Discrimination in International Trade, 1947–1985

Discrimination in International Trade, 1947–1985

Chapter:
(p.81) 5 Discrimination in International Trade, 1947–1985
Source:
The Economics of Regional Trading Arrangements
Author(s):

Richard Pomfret (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199248877.003.0005

Discusses the erosion of adherence to the non‐discrimination principle between 1947 and 1985. Section 1 analyses the discriminatory removal of quantitative restrictions on intra‐European trade during the 1950s, and why this did not have any lasting effect in eroding the MFN principle. Section 2 analyses Western European Economic Integration, and Sect. 3 analyses the European Union's external trade polices. Section 4 analyses the less‐developed countries’ attitudes to the GATT, focusing on preferential trading arrangements among LDCs and on tariff preferences granted by high‐income countries to imports from LDCs. Section 5 describes the USA's principled support for the non‐discrimination principle during the 1960s and 1970s, and the erosion of this position during the 1980s. Section 6 describes other discriminatory trading arrangements and trade policies.

Keywords:   economic integration, Europe, European Union, less‐developed countries, most‐favoured nation, tariff preferences, trade, trade policy, USA

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