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Flashcards in access to markets Deck (7)
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what is SDT?

special and differential treatment


what are special and differential agreements?

formed by the WHO these allow developing countries to be treated more favourably allowing them to bypass certain tariffs and barriers set by developed countries


what do SDT allow>

allow greater access to markets in which otherwise wouldn't be reached due to lack of influence


what do developing countries have a right t do as part of SDT?

right to restrict imports to greater degree than developing countries


what is an example of an agreement that uses SDT?

the european everything but arms agreement (EBA)
duty reduced why


why can trading blocs be better than SDT?

regional trading blocs allow developing countries to negotiate prices collectively


what do bigger markets receive?

bugger incomes due to number of people they are selling to