Imposition of trade quotas for political reasons


  • International cartels enforced by governments
  • Imposition of quantitative trade quotas of a discretionary character
  • Discriminatory managed trade mechanisms

Claim

  1. Surrender to "managed trade" or "fair trade" and you surrender to the rule of the strong against the weak. GATT has inadequacies aplenty but beside its alternatives it is a bulwark of sanity.


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