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Cataloged Resource Summary

 

Title

From GATT to WTO: The Evolution of an Obscure Agency to One Perceived as Obstructing Democracy

Author

Susan Ariel Aaronson

Categories

Economic History
Welfare Economics: Allocative Efficiency, Externalities, Fairness, Altruism
Law and Economics
International Economics
Economic Development, Technological Change, and Growth

Type

Article

Description

In the 1940s, working with the British government, the United States developed two innovations to expand and govern trade among nations. These mechanisms were called the General Agreement on Tariffs and Trade (GATT) and the ITO (International Trade Organization). This articles explains those mechanisms as well as the evolution of the World Trade Organization (WTO).

URL

http://www.eh.net/encyclopedia/?article=aaronson.gatt

Home URL

http://www.eh.net/
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