Date: October 21, 2008
Creator: Grimmett, Jeanne J.
Description: World Trade Organization (WTO) Members must grant immediate and unconditional most-favored-nation (MFN) treatment to the products of other Members regarding tariffs and other trade-related measures. Programs such as the Generalized System of Preferences (GSP), under which developed countries grant preferential tariff rates to developing country goods, are facially inconsistent with this obligation because they accord goods of some countries more favorable tariff treatment than that accorded to goods of other WTO Members. This report discusses various issues regarding such trade preferences.
Contributing Partner: UNT Libraries Government Documents Department