This book is part of a wider project on the economic logic behind
the General Agreement on Tariffs and Trade (GATT). This volume
asks: What does the historical record indicate about the aims and
objectives of the framers of the GATT? Where did the provisions of
the GATT come from and how did they evolve through various
international meetings and drafts? To what extent does the
historical record provide support for one or more of the economic
rationales for the GATT? This book examines the motivations and
contributions of the two main framers of the GATT, the United
States and the United Kingdom, as well as the smaller role of other
countries. The framers desired a commercial agreement on trade
practices as well as negotiated reductions in trade barriers. Both
were sought as a way to expand international trade to promote world
prosperity, restrict the use of discriminatory policies to reduce
conflict over trade, and thereby establish economic foundations for
maintaining world peace.
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