2The United States, the European Union and Japan have clarified their commitments under the Agreement on Financial Services Commitments, which sets out an alternative approach (to that set out in Part III of the GATS) in which countries make offers of market access in all financial services subsectors and accept a standstill clause (unless reservations are made). Meeting the minimum access requirements generally involved the establishment of an initial tariff quota (TRQ) and a final TRQ for each commodity tariffed in the national scheme. The justification for trade agreements has generally been given in terms of promoting the U.S. trade interests, but it has been recognized that trade is also important to its foreign policy interests.

Which Of The Following Is A Provision Of The Uruguay Round Agreement Quizlet

  • October 16th, 2021
  • Posted in Uncategorized

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