The MFN as it applies to service trade: new problems for an old concept

Article Abstract:

The most-favoured-nation (MFN) concept has symbolic and tangible effects on the economic conditions of involved economies. It has been argued that the MFN clause in the General Agreement on Tariffs and Trade (GATT) delineating the measures which could undermine the MFN treatment as it may also impair the competitiveness of imported goods in the market. It has been noted that the GATT explicitly incorporates national treatment in its MFN clause while such is not stated in the General Agreement on Trade in Services.

Intnl Economic Policy, Trade Regulations NEC, Analysis, Economic aspects, International economic relations, International trade, International trade regulation, Most favored nation clauses

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GATS, the modes of supply and statistics on trade in services

Article Abstract:

The General Agreement on Trade in Services (GATS) is a pathbreaking multilateral agreement that governs trade in services. GATS defines trade in services as the provision of a service through any one of four supply modes: presence of natural persons, commercial presence, consumption abroad and crossborder. Each signatory to GATS makes a commitment to adhere to regulations in individual sectors in relation to each mode, with the level of commitment differing across modes.

Trade Negotiations, International aspects, Services industry, Service industries

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