International Trade
Free, Fair and Open?
"The OECD is a major source for insightful analyses of current trade issues. It also plays a role in disseminating skilfully the results of less accessible writings on trade. This short book is a valuable addition to the latter endeavour and should be on the shelf of policy makers."
-Jagdish Bhagwati, Columbia University
Trade Rounds and the World Trade Organization
International trade usually hits the headlines only when a major disagreement degenerates into a “trade war”. Most of the time, trade is carried out peacefully under a set of rules overseen by the World Trade Organization. “Multilateralism” is the basis of the WTO system – that is, the more partners there are to an agreement, the better. But getting 150 or more countries to agree is a long process, carried out over a number of years in the various rounds of trade talks.
Also available in: French
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