Skip to main content Accessibility help
Internet Explorer 11 is being discontinued by Microsoft in August 2021. If you have difficulties viewing the site on Internet Explorer 11 we recommend using a different browser such as Microsoft Edge, Google Chrome, Apple Safari or Mozilla Firefox.

Chapter 5: The World Trade Organization

Chapter 5: The World Trade Organization

pp. 100-128

Authors

, Northwestern University, Illinois
Resources available Unlock the full potential of this textbook with additional resources. There are free resources and Instructor restricted resources available for this textbook. Explore resources
  • Add bookmark
  • Cite
  • Share

Extract

The WTO is founded on commitments that governments make to each other in the General Agreement on Tariffs and Trade. These rules provide a structure for international trade in which governments are generally restricted in when they can raise tariffs on imports and whether they can discriminate among their trading partners. This chapter examines the contemporary framework for international trade and its main rules, including national treatment, bound tariffs, and most-favored nation, as well as the WTO’s dispute settlement process. The Shrimp-Turtle case provides an illustration of how these rules interact with international politics to create new political dynamics.

Keywords

  • World Trade Organization (WTO)
  • GATT
  • most-favored nation
  • national treatment
  • nondiscrimination in trade
  • international trade
  • tariffs
  • dispute settlement mechanism of the WTO
  • Article XX
  • Shrimp-Turtle dispute

About the book

Access options

Review the options below to login to check your access.

Purchase options

eTextbook
US$44.99
Hardback
US$120.00
Paperback
US$44.99

Have an access code?

To redeem an access code, please log in with your personal login.

If you believe you should have access to this content, please contact your institutional librarian or consult our FAQ page for further information about accessing our content.

Also available to purchase from these educational ebook suppliers