Publisher's Synopsis
Excerpt from Gatt: The Impact on American Industries: Hearing and Markup on H. Res. 362, France's Embargo of U. S. Exports of Seafood Before the Subcommittee on Economic Policy, Trade and Environment of the Committee on Foreign Affairs, House of Representatives, One Hundred Third Congress, Second Session
In the case of wheat, when fully implemented, the new ga'it Agreement will have curtailed the European wheat subsidies by an amount roughly equivalent to a very poor wheat crop in Italy.
Unfortunately, the gatt accord does nothing to discipline the unfair practices of monopolistic state trading agencies or other predato pricing practices.
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