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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

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

Richard Pomfret (Contributor Webpage)

Oxford University Press

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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