International Trade:
GATT Treatment of Nonmarket Economy Countries
NSIAD-90-206FS: Published: Aug 1, 1990. Publicly Released: Aug 1, 1990.
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Pursuant to a congressional request, GAO reviewed the General Agreement on Tariffs and Trade's (GATT) treatment of nonmarket economy countries in international trade.
GAO found that: (1) trade with nonmarket economies was applicable during the drafting of GATT, since there were no general policies governing their accession to GATT; (2) the process of becoming a contracting party to GATT was not automatic or unconditional; (3) because tariffs had a different significance in nonmarket economies, a substitute for tariff reductions was needed; and (4) integrating nonmarket economies into GATT was problematic because tariffs were the preferred instrument for governments trade regulation.
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International Trade:
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Foreign Assistance:
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Human Trafficking:
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Rule of Law Assistance:
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Forced Labor Imports:
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Oct 2, 2020
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Combating Wildlife Trafficking:
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Cyber Diplomacy:
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Steel and Aluminum Tariffs:
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