SDT Flashcards
1
Q
Who was it formed by?
A
WHO
2
Q
What is a bypass tariff?
A
EU everything but arms allows LIC’s to import without paying tariffs
3
Q
What do profits allow?
A
SDT’s to diversify range of industry
4
Q
Why do people say its a negative for HIC’s?
A
As it allows cheap imports - this means collective negotiations over prices in trade blocs are needed to improved market access
