WTO AGREEMENT ON SUBSIDIES AND COUNTERVAILING MEASURES (ASCM)Wto Agreement on Subsidies • August 8th, 2013
Contract Type FiledAugust 8th, 2013▪ Binding tariffs, and applying them equally to all trading partners (most-favoured-nation treatment, or MFN) are key to the smooth flow of trade in goods. The WTO agreements uphold the principles, but they also allow exceptions — in some circumstances: