Exceptions
Summary of Exceptions
Products specifically exempted from trade liberalization, such as duty reductions; usually, exceptions are made to protect domestic industries that would suffer serious harm from increased imports.
(Main Author: William J. Miller)
Exceptions and the GATT Policy Negotiations
In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Exceptions: Products specifically exempted from an international agreement to liberalize trade through multi-product duty reductions or other commitments. Exceptions are usually made by importing countries to protect workers and firms engaged in production of sensitive products.
In the United States
For information about Exceptions in the context of international trade, click here
Exceptions
Anti-boycott Laws
Resources
See Also
Further Reading
- Information about Exceptions in the Encyclopedia of World Trade: from Ancient Times to the Present (Cynthia Clark Northrup)
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