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International Construction Market

e WTO can no longer choose the areas where they participate, but must accept all GATT provisions with just four exceptions à movement procurement, civil aviation, bovine meat, and dairy products.

The WTO must continue negotiations on the unresolved issues of telecommunications, commercial aircraft subsidies, and trade in audiovisual services. The use of anti-dumping duties must be "stemmed before these replace tariffs as the barrier of choice among a growing range of countries seeking to protect domestic producers. The WTO must also tackle the growing sense in the West that the lack of global environmental standards and standards for workers' rights provides less developed countries à with an unfair trading advantage over OECD countries. à A further problem facing the WTO is how to incorporate China into the system. After absorbing Hong Kong in 1997, China will be the world's fourth largest exporter and its continued exclusion from world trade rules would lead to a deepening of complex bilateral arra

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International Construction Market. (1969, December 31). In LotsofEssays.com. Retrieved 23:49, May 16, 2024, from https://www.lotsofessays.com/viewpaper/1688847.html