Titlebook: Mediterranean Policy of the European Community; A Study of Discrimin Richard Pomfret Book 1986 Trade Policy Research Centre 1986 community.

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,Preferences and the Treatment of ‘Sensitive Products’,ng a party to, non-tariff barriers on imports of specific product groups. These non-tariff barriers provide added protection for ‘sensitive’ industries, which typically face contraction, so threatening regionally-concentrated unemployment. The principal industries concerned are agricultural products

MEAN

European Community Enlargement and Erosion of Preferences, separate agreements for each Mediterranean partner which had varying terms and expiry dates created constant demands for adjustment and renegotiation. Any change in one agreement had implications for the degree of preferential treatment for all other partners. The problem was reduced by the adoptio

Matrimony

Summary and Conclusions,ents were considered acceptable by most trading countries. Thus the Treaty of Rome was viewed as a step towards economic union rather than as being a case of discrimination for its own sake, while the generalised system of preferences for developing countries does not discriminate effectively.. Othe

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Discrimination and the GATT,inatory trade practices, particularly since the late 1960s, has undermined the multilateral basis of the international trading system and, by creating vested interests favoured by preferential access to specific markets, has reduced the prospects for trade liberalisation through the GAIT.

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Effects of Preferences on Foreign Direct Investment,might have been expected. The reason lies in the openness of the latter countries to foreign investment, which enabled them to overcome critical bottlenecks and so increased their elasticity of export supply.

COKE

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Alienated

Summary and Conclusions,r preferential arrangements had seemed of little importance, but their insidious accumulation by the European Community means that the Community has to come to trade with only a handful of countries on an MFN basis by the 1980s.