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Genetically Modified Organisms and Trade Rules: Identifying Important Challenges for the WTO
Author(s) -
Isaac Grant E.,
Kerr William A.
Publication year - 2003
Publication title -
world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/1467-9701.00508
Subject(s) - negotiation , genetically modified organism , international trade , product (mathematics) , economics , market access , production (economics) , strengths and weaknesses , world trade , industrial organization , business , political science , microeconomics , law , biology , ecology , biochemistry , philosophy , geometry , mathematics , epistemology , gene , agriculture
Controversial debates associated with the establishment of international market access rules for genetically modified organisms (GMOs) illustrate a more general challenge facing the World Trade Organisation (WTO); to acceptably accommodate growing consumer concerns regarding a product's production and processing methods (PPM). This paper aims to clarify the debates by examining the foundations of and the procedures for the WTO's decision–making on PPM–based market access rules. To illustrate this, both an import embargo and a mandatory labelling regulation for GMOs are examined. The strengths and weaknesses of the current decision–making procedure are discussed and options for future negotiations are proposed.