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The Regulation of International TradeThe WTO Agreements on Trade in Goods$
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Petros C. Mavroidis

Print publication date: 2016

Print ISBN-13: 9780262029995

Published to MIT Press Scholarship Online: January 2017

DOI: 10.7551/mitpress/9780262029995.001.0001

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(p.673) 12 Transparency
The Regulation of International Trade

Petros C. Mavroidis

The MIT Press

This final chapter discusses the subject of transparency, an important GATT/WTO institution aiming to curb uncertainty in trade relations. Transparency is a much repeated concept in the WTO. This chapter reviews how, in the spirit of Article X of GATT, individual WTO members must reveal information about their trade policies. The Trade Policy Review Mechanism, concluded during the Uruguay round, was a significant shift–trading nations no longer had the exclusive initiative to provide information about their policies. Instead, the WTO would be empowered to examine on its own account the trade policies adopted by each member.

Keywords:   Transparency, Article X, Trade Policy Review Mechanism

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