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|EID 2000 Vol. 1 No.4||World Trade Organization (Second of two parts)|
|Caparas, Maria Teresa|
The Philippine entry to GATT has paved the way for trade reforms such as removal of trade restrictions. At the early stage of implementation, adjustment costs have burdened a number of economic agents including the domestic firms and agriculture sector. However, advancement of information technology is expected to result to a better conduct of liberalizing and reforming the global trade.
|keywords:||World Trade Organization,trade reforms,trade sector|
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