Political Science 2211E Lecture Notes - Uruguay Round, Genetically Modified Organism, Free Trade

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Feb 13, 2012- free trade, globalized production and post-fordism. Today"s topics: postwar protectionism, the shift to free trade, the globalization of production and the shift to post-fordism. 1947 general agreement on tariffs and trade (gatt) Many countries had tariffs and attracted branch plants. Led to the growth of multi-national corporations (mnc"s) Set up factories to get around tariffs and sell into local market. Trade still guided by national policy of 1878: high tariffs and open investment policy. Firms moved to developing countries in response to stagflation and high wages, taxes and regulations. Debt crisis, imf and creation of export processing zones. Finalized the shift from protectionism to free trade. Expanded tariff reductions for textiles and agriculture for developing countries. General agreement on trade in services (gats) ****know difference between gats and. Making tomatoes last longer, use part of pig and splice it together with tomato. Copyright was mainly national (restricted to us for say)