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The Role of the GATT and the Nature of GATT Negotiations

In: The World Trading System

Author

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  • Brian McDonald

Abstract

The opening up of trade during the last forty years has been mainly due to the efforts made in the GATT. There have been seven GATT trade liberalisation rounds in all, including the Dillon, Kennedy and Tokyo Rounds and most recently the Uruguay Round. While this process has been slow and its development rather patchy, the results have nonetheless been impressive. The Uruguay Round was a culmination of all these efforts. The step-by-step approach that has evolved through the GATT has led to the point where the rules and disciplines of the new World Trade Organisation, established by the Uruguay Round, are much more complete and cover nearly everything that is traded.

Suggested Citation

  • Brian McDonald, 1998. "The Role of the GATT and the Nature of GATT Negotiations," Palgrave Macmillan Books, in: The World Trading System, chapter 4, pages 32-40, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37970-1_4
    DOI: 10.1057/9780230379701_4
    as

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