GEOG 216 Lecture Notes - Lecture 5: Doha Development Round, Mercosur, Post-Fordism

• School: McGill University
• Department: Geography
• Course: GEOG 216
• Professor: Sebastien Breau

Document Summary

Lecture 30 - global trade institution and agreements. Geog 216 nov 25 outline: - international trade policy (from gatt to wto) regional trade agreements (free trade areas like nafta and ceta(canada) and tpp (transpacific partnership); custom unions and common markets. Prio to ww2 most trade agreements were bilateral; each country would have tarrifs for each individual commodity and different for each country = very time consumming. Economic depression in the 1930s, nation-states respond with protectionist policies that worsen the slowdown. 1944 - bretton woods to reshape postwar structure of world tradstabilize insternational finances and rebiold post-war economies. : bird (internation band for reconstruction and dev and imf -- were planning for another institution! the nto : international trade ???? but it took to much time to work out so they made the gatt (1947) The gatt is a provisional agreement, it was initially temporary. it didnt have a formal headquarters, no big staff.