NAFTA Signals a Warning for GATT


 

Publication Date: December 1993

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Joe Cobb

Research Area: Trade

Keywords: Trade and foreign aid

Type: Brief

Coverage: United States

Abstract:

The General Agreement on Tariffs and Trade (GATT) represents the closest thing to a uniform commercial code for world trade, and a process for settling disputes. The Uruguay Round of negotiations would expand GATT beyond merchandise to the increasingly important trade in services and intellectual property.