Simon Maxwell

Is the WTO too complicated? Or not complicated enough?

Is the WTOWorld Trade Organization too complicated? Or not complicated enough?, ODI Blog, January 2006

The WTOWorld Trade Organization is certainly complicated, and not just because of the profusion of acronyms and the arcane detail of trade policy. The real complexity lies in the way many different issues are brought to the table, with the idea that losses in one area may be offset by gains in another. There were some obvious examples in Hong Kong: the best known was the EUEuropean Union demanding better access to developing country markets for its manufactures and services in countries like Brazil, as a quid pro quo for reduction in its agricultural subsidies and for further reform of the Common Agricultural Policy (CAP)................

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