Case | HBS Case Collection | April 1995 (Revised August 1995)

World Trade Organization, The: Toward Free Trade or World Bureaucracy?

by George C. Lodge and Jack High

Abstract

In January 1995, the General Agreement on Tariffs and Trade (GATT) evolved into the World Trade Organization (WTO), which faced the task of implementing the recently approved Uruguay Round of international trade agreements. This case describes the development of GATT, and the principal issues negotiated during the Uruguay Round, including agriculture, textiles, and services. Also describes the controversy surrounding the creation of the WTO.

Keywords: Trade; Agreements and Arrangements; Negotiation Process; Business and Government Relations;

Citation:

Lodge, George C., and Jack High. "World Trade Organization, The: Toward Free Trade or World Bureaucracy?" Harvard Business School Case 795-149, April 1995. (Revised August 1995.)