Exam 16: Political Economy and Us Trade Policy

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The average level of tariffs in developing countries, which is __________ the average Level of tariffs in the developed countries, __________ after the conclusion of the Uruguay Round of trade negotiations.

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In the Uruguay Round of trade negotiations, the talks originally broke down in 1990 primarily because of the strong disagreement between the United States and the European Community with respect to

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Briefly outline the focus of the Uruguay Round of trade negotiations, as well as the focus of the Doha Development Agenda.

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Compare and contrast "rules-based" trade policy with "results-based" trade policy. On which type is the GATT based? Which type is consistent with the "new reciprocity" approach to trade policy?

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The World Trade Organization

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