Tag Archives : multilateral trading system

Before 2000, the buzzword ‘WTO’ was less understood. The primordial concern of tariff reduction was somehow nondescript to people. It was, perhaps, in the later concept of the governments’ uses of ‘non-tariff barriers to trade’ that got the WTO much press. The WTO has been controversial in such areas as anti-dumping measures, environmental [...]

If one shortcuts the path from the temptations of free trade and the current global recession, one can glean that free trade caused greedy and ambitious producers (plus all and sundry that support their endeavors in any which way) produce more and more, or perhaps even just attempt to produce more and more – all to fuel the overconsumption and greed [...]