WTO vs USA: The Byrd Amendment
Code : ITF0019
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Region : :USA |
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Abstract: The US Continued Dumping and Subsidisation Offset Act, known as the Byrd Amendment, was passed in October 2000. It was globally condemned for its non-compliance with the US' obligation to international trade laws. The Byrd Amendment gave rise to the largest trade dispute case in the history of the World Trade Organisation (WTO) with 17 countries contesting its legality. The WTO ruled against the US, but even after the imposition of trade sanctions the US refused to repeal the Byrd Amendment. |
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Pedagogical Objectives:
Keywords
World Trade Organisation (WTO), USAs anti-dumping laws, Continued Dumping and Subsidies Offset Act, Byrd Amendment, Subsidies, Agriculture appropriations bill, International Trade & World Economy Case Study, WTO Dispute Settlement Body, General Agreement on Tariffs and Trade (GATT), Anti-dumping Agreement, Agreement on Subsidies and Countervailing Measures (ASCM), Trade sanctions, International trade laws, Trade barriers, Taxes and duties
Contents :
» THE BYRD AMENDMENT
» THE WTO MANDATE
» WTO VS USA