302 Trade
NOTES
- The GATT continues to exist as a legal entity related to the WTO. Nonetheless, the
GATT secretariat and director-general were transferred to the WTO, and the latter
organization is expected to subsume, and fully replace, its predecessor over time. Except
where specifically referring to the GATT, we refer to the international trade regime as
the WTO. - Based on import coverage ratio from Organization for Economic Co-operation and
Development (OECD), Indicators of Tariff and Non-Tariff Trade Barriers (Paris: OECD
1997), p. 53.