Trade by any other name

Article Abstract:

Foreign direct investment (FDI) was once seen as a trade substitute and a way of avoiding tariff barriers. Trade within companies can account for a large proportion of a country's total trade and is estimated at a third of US trade. FDI is more complex than other sorts of trade. Some analysts argue that the World Trade Organization (WTO) should regulate FDI, but many developing economies oppose such regulation. A WTO agreement is possible if developed economies were to become more willing to accept textile imports.

Foreign investments

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Border battles

Article Abstract:

Conventional trade barriers have been reduced following GATT talks, but it is not easy to measure this, since tariffs have not been applied evenly and this is still the case. There may be tariff-free imports from countries in regional trade organizations, and very low tariffs for imports from poor countries. The World Trade Organization (WTO) still faces a major task in cutting tariffs. This applies especially to agriculture and textiles, which tend to be protected industries.

Trade Barriers, History, Tariffs

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Tune the engine, strengthen the bodywork: Mercosur needs to build up some fresh mechanisms and institutions - but not too big and not too fast

Article Abstract:

Mercosur has the foundation to serve as an international trade body, but it is still a fragile organization. Efforts to build a single market are slow and require objectivity, and success depends upon the strengthening of the economies and governments of the member countries.

Analysis, Latin America

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