Graduation Clause
Graduation clause in Global Commerce Policy
In this regard, graduation clause is: paragraph 7 of the Enabling Clause notes that less- developed GATT members expect that their capacity to make contributions under the GATT provisions would improve with the progressive development of their economies and trade. The entries on trade policy are here. Accordingly, they would expect to participate more fully in the framework of rights and obligations under the GATT. See also developing countries and the multilateral trading system and graduation.[1]
Graduation clausein the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Graduation clause” entry (OAS)
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