The World Trading System At Risk

Strong views expressed in strong language mark this all-out defense of GATT. Bhagwati of Columbia University rebuts GATT criticisms based on concepts of unfair competition and managed trade, and condemns the aggressive unilateralism of recent American legislation. He has some forward-looking suggestions of how regional arrangements might be fitted into GATT. Coming from one of the leading specialists, this is a major addition to the continuing debate about trade policy going on in many countries.