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Basic issues for a new GATT round |
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| Authors: | Hajo Hasenpflug |
| Affiliation: | 1. Hamburg |
| Abstract: | The most extensive tariff cuts in the history of GATT were completed with the fifth and final stage of the Kennedy Round. Tariffs on a volume of trade in excess of $ 40 bn have been reduced by an average of 50 p.c. |
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