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  • Essay / AN EVALUATION OF THE ACWL AND SUGGESTIONS FOR IMPROVING IT...

    These trade barriers are instruments used by developing countries to make profits at the expense of weaker states. This attitude is also described as cheating by developed countries. If goods could move freely, the world would have richer nations. “All nations would be richer in a world that allows goods to flow unhindered across national borders. Yet a single nation, or groups of nations, could improve their position by cheating, erecting trade barriers, and restricting imports” Stein A (1982). For least developed and developing countries to succeed in terms of trade, developed countries must remove strict restrictions. barrier hindering trading conditions in order to create a level playing field for all. These barriers include import quotas, customs duties and export subsidies. Developed countries have imposed these laws on the agriculture, clothing and textile sectors of least developed and developing countries, which has created a wide gap in wealth and poverty. More and more countries are still suffering from the effects of these trade laws. According to Mazzacano, PJ (2004), "If trade is to benefit LDCs and developing countries, more must be done to ensure that they participate fully and on an equal footing in the global economy, particularly in the agricultural sector and in the clothing and textile industries. Industrialized countries must remove their trade barriers so that LDCs and developing countries can enjoy the benefits of free trade and market liberalization. do something positive to reduce or eliminate these trade barriers because developed countries mainly trade with them...... middle of document ......(WT/DS27/R and T/DS27/AB/R ).WTO Secretariat, Overview documents are published four to five times a year and provide a general overview of the most recent situation. WTO website, dispute resolution pages, particularly “Disputes by Country” and Chronological List of Dispute Cases. » The ACWL after four years – progress report from the Directory. October 2005, .Operations Report, 2005. January 2006, .WAGE Conference on “WTO Dispute Settlement and Developing Countries”, held at the Center for Global Affairs and the World Economy (WAGE), at the University of Wisconsin-Madison in May. 2005, . Papers presented by: