Реферат: Antidumping Essay Research Paper While antidumping doesn

Antidumping Essay, Research Paper

While antidumping doesn’t get a lot of press, it is certainly one of the biggest

issues that the WTO is dealing with today. During the recent WTO Ministerial

Conference in Seattle, much was mage about protesters who were demanding higher

environmental standards or international labor standards. Little was mentioned

about antidumping. However, In the midst of the many demonstrators there were

steel workers and members of other union organizations like the AFL-CIO who were

there to defend US antidumping laws. Antidumping regulation was a major issue

for Seattle as it is for the organization of the WTO in general. From the

inception of the WTO, there has been controversy over antidumping laws from

Похожий материал - Реферат: Gatt

diverse groups. Some countries feel that other countries place antidumping

measures on products that have not really been dumped. Since the 1994 Uruguay

Round, many developing nations feel that they have been unfairly targeted for

antidumping penalties by the industrialized nations. Countries such as Japan and

South Korea have also called for reforms. The US, being the largest economy in

the world tends to be on the receiving end of much of this controversy about its

national antidumping laws. Adding to the confusion, not many cases brought to

the WTO panels have been settled as of yet. There are many complaints about

antidumping procedures, and some economic graphs can be used to demonstrate

these complaints about antidumping and the WTO’s antidumping laws. In 1995, the

World Trade Organization was born out of the Uruguay Round of trade talks. The

WTO has upwards of 123 member countries and new members are always in the

process of joining. The WTO is an organization that basically a more formal

extension of the GATT (General Agreement on Tariffs and Trade) which had existed

for around 50 years. However, the WTO agreements also cover trade issues not in

the GATT agreement, such as trade in services and intellectual property rights.

Also, WTO member countries must agree to all the obligations of its agreements.

The WTO also features binding panel resolutions. Countries must accept the panel

rulings; under GATT that was not necessarily true. Still, WTO embodies the same