Limited observance of multilateral trade agreements
- Trade quota cheating
- Failure of political will to observe trade commitments
Nature
The credibility of the rules and principles of the trading system has been weakened by the fact that the ultimate recourse open to a country affected by illegal trade measures is to withdraw "substantially equivalent concessions", a possibility of little effective use to weaker trading partners.
Broader
Aggravates
Aggravated by
Reduces
Related
Strategy
Value
SDG
Metadata
Database
World problems
Type
(F) Fuzzy exceptional problems
Subject
- Commerce » Assessment
- Commerce » Trade
- Government » Political
- Law » Agreements
- Religious practice » Religion
- Societal problems » Crime
- Societal problems » Failure
Content quality
Presentable
Language
English
Last update
Nov 9, 2020