The International Trade Regime: The EU's Role in the Uruguay Round

In: International studies: journal of the School of International Studies, Jawaharlal Nehru University, Band 38, Heft 2, S. 173-187

Abstract

Regional economic organizations such as the European Union (EU) & the World Trade Organization (WTO) have significantly affected the international trade regime. Of particular note is France's influence over the EU with respect to the agriculture trade discussion of the Uruguay Round. France, as a middle power, gained significant bargaining ability by attracting other lesser powers within the EU to its cause. Power sharing of this type has worked to transform the international trade regime. The current international system is now distinguished by its multilateral & multipolar nature. Forced liberalism has resulted in cooperation & stability. As a result of these changes in international trade, a paradigm shift in international relations is essential. K. A. Larsen