International Trade:

GATT Treatment of Nonmarket Economy Countries

NSIAD-90-206FS: Published: Aug 1, 1990. Publicly Released: Aug 1, 1990.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

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.

Jan 27, 2021

Dec 9, 2020

Dec 2, 2020

Nov 19, 2020

Nov 9, 2020

Oct 27, 2020

Oct 2, 2020

Sep 22, 2020

Sep 15, 2020

Looking for more? Browse all our products here