All the provisions of the Uruguay Round Agreements have a bearing upon competition policy, since the international framework governing trade determines the extent of competition in the national markets. Apart from the fundamental provisions of GATT Articles I (MFN treatment), III (National Treatment) and X (Transparency), there are numerous specific WTO provisions which are relevant in varying degrees to competition
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Case Western Reserve Journal of International Law
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World Trade Organization was created at the Uruguay round of talks in 1994. GATT (General Agreement on Tariffs and Trade) transformed into a permanent institution. The Uruguay Round negotiations started in Uruguay in 1986. The aim of this round was to promote free trade. The WTO is responsible for trade negotiations, trade disputes and handling national trade policies. WTO agreements are endowed with technical assistance to developing countries and also cooperate with other international bodies on trade related issues. The presumption is that, all members have an equal voice in the decision making process. With the increase of free trade it is crucial that World Trade Organization servers to speed up world economic activity. This cannot be done without referring to the social, cultural, economic consequences, particularly with regard to vulnerable groups. Dumping is a practice of selling goods in another country at a considerably lower price. Anti-Dumping measures are deliberate and prevent a company from selling goods lesser than the cost to force the contender out of business. Anti-dumping rules cause economic mischief by shrinking markets and excluding efficient producers, there by hoist prices for consumers.
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Bierwagen has written the right book, with the right title, at the right time. Exporters around the world, and many of their governments, are realizing that as tariff barriers have dropped through seven rounds of General Agreement on Tariffs and Trade (GATT) negotiations, and if market access improves in the current Uruguay Round, antidumping measures (and threats thereof) will become "the weapon of choice" for importing country governments (and special interests in those countries) to close off the market access promised in the GATT. The most dangerous aspect of Bierwagen's book is its comprehensiveness-the book is virtually a how-to manual for countries and industries seeking to exclude imports under the guise of antidumping law. The book's extensive documentation also will provide an excellent first line of defense that "everyone else does it" for any country desiring to take advantage of the protectionist bias described in the title. Through the mid-1.
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