Quote:
Originally Posted by RonBee  I believe the article in question is this one: http://www.australianinterest.com/AW...y/RIPE-WTO.pdf.
I have read some of it, and I have trouble understanding what it is that is supposed to be moved or where it is to be moved to. In any case, it is clear that the article was not written for people not familiar with the jargon of international economics.
~R |
Global and national governance are sometimes seen to stand in a zero-sum
relationship, particularly in the post-GATT era of multilateral trade. A more
nuanced view expects states to seek the benefits of multilateralism whilst
finding convenient loopholes and escape routes from its policy constraints.
Oy! Not exactly casual, in-the-john kind of reading, eh? My eyes glazed over after the first sentence.
After re-reading it and then browsing at
this info about GATT and the WTO, I get the feeling that the article is discussing how certain industrialized nations can find legal loopholes to maintain their status quo and still turn a profit despite the tariffs and regulations imposed upon them by the WTO.