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Flashcards in access to markets Deck (7)
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1
Q

what is SDT?

A

special and differential treatment

2
Q

what are special and differential agreements?

A

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

3
Q

what do SDT allow>

A

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

4
Q

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

A

right to restrict imports to greater degree than developing countries

5
Q

what is an example of an agreement that uses SDT?

A

the european everything but arms agreement (EBA)

duty reduced why

6
Q

why can trading blocs be better than SDT?

A

regional trading blocs allow developing countries to negotiate prices collectively

7
Q

what do bigger markets receive?

A

bugger incomes due to number of people they are selling to