World Trade Report 2006. Exploring the links between subsidies, trade and the WTO

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Publication Date 2006
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Government subsidies can be useful instruments in correcting market failures and working towards social objectives but can also distort trade and provoke strong responses from trading partners, according to the WTO’s 2006 World Trade Report which was launched July 2006.

The Report also examines 2005 trade developments and includes four essays; on textiles and clothing trade trends, flows of international receipts, trade trends of least-developed countries and the trade impact of natural disasters and terrorist acts.

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