The Unbalanced Uruguay Round Outcome : The New Areas in Future WTO Negotiations

Finger, J. Michael ; Nogues, Julio J.

World Bank, Washington, DC

关键词: AGREEMENT ON TRADE;    AGRICULTURAL EXPORTERS;    AGRICULTURAL PRODUCTS;    AGRICULTURAL PROTECTION;    AGRICULTURE;   

DOI  :  10.1596/1813-9450-2732
RP-ID  :  WPS2732

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Uruguay Round involved a grandNorth-South bargain: The North reduced import barriers,particularly in textiles and agriculture. The South adoptednew domestic regulations in such areas as services andintellectual property-changes that would lead to increasedpurchases from the North. In mercantilist economics, applesfor apples-imports for imports. In real economics, applesfor oranges. The authors argue that while the North'sreduction of import barriers benefits both the North and theSouth, the new domestic regulations adopted by countries ofthe South could prove costly to those countries. To beginwith, the regulations will be expensive to implement. Andwhile the cost side of their impact is secured by a legalobligation (in the case of intellectual property rights, forexample, the cost is higher prices for patented goods), thebenefits side is not so secured.