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The place of agriculture in the General Agreement on Tariffs and Trade (GATT) prior to 1986 is usually described in terms of either exclusion or exemption from general trading rules. This paper reevaluates the ‘exemption’ argument and its corollary that the Uruguay Round Agreement on Agriculture (AoA) represented a punctuated equilibrium in the governance of agriculture. Instead it traces the dynamics of institutional change through the history of the GATT/WTO, distinguishing between multilateral trading rounds and the framework of trade rules as separate but linked contexts for addressing agricultural trade matters; and further disaggregating the latter into broad principles and specific rules.
In December, the shipyard was operating at a shipbuilding rate of 1.5 ships per year and chugging toward its goal of building two ships per year, wrote Lesko. However, the shipyard’s production rate dipped to 1.25 ships yearly as of last week, according to the company’s website. The company did not name a cause for the slip..
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