Residual Restrictions

Residual Restrictions

Residual Restrictions and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Residual Restrictions: Quantitative restrictions maintained since before 1947 by governments that were original signatories of the GATT, and hence were permitted under the grandfather clause. Most residual restrictions were maintained by industrial countries against imports of agricultural products.


Posted

in

, ,

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *