Law of International Trade in Agricultural Products From GATT 1947 to the WTO Agreement on Agriculture

As far back as Ricardo’s principle of comparative advantage–from which all trade liberalisation theory ultimately derives–it has been customary to treat agriculture as the general exception to trade rules. To this day, nations protect their agricultural trade in a variety of ways: through the limited quantitative restrictions and export quotas permitted under prevailing trade rules, through country-specific derogation in the form of waivers, or even through blatant violations of the General Agreement on Tariffs and Trade (GATT). In fact, despite the general dramatic decline in tariffs in recent decades, the level of effective protection against the flow of agricultural trade has been steadily rising, almost entirely at the behest of devel

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Law of International Trade in Agricultural Products From GATT 1947 to the WTO Agreement on Agriculture

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