【Unit5】TextITheComingTradeWars

【Unit5】TextITheComingTradeWars

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时间:2019-06-26

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1、实用标准文档Warm-upØThefollowingnewshasmadeheadlinesinanumberofmajornewspapersrecently.13March,2012--TheUS,JapanandtheEuropeanUnionhavefiledacaseagainstChinaattheWorldTradeOrganization,challengingitsrestrictionsonrareearthexports.USPresidentBarackObamaaccusedChinaofbreakingagreedtraderules.Theyarguetha

2、tbylimitingexports,China,whichproducesmorethan95%oftheworld'srareearthmetals,haspushedupprices.Beijinghassetquotasforexportsofrareearths,whicharecriticaltothemanufactureofhigh-techproductsfromhybridcarstoflat-screenTVs.BeijinghasdeniedtheallegationsintheWTOcase,sayingthatitenforcedthequotastoensu

3、retherewasnoenvironmentaldamagecausedduetoexcessivemining.China'sIndustryMinister,MiaoWei,toldstatemediaagencyXinhuathatthecountrywas"activelypreparingtodefendourselves"againsttheWTOcomplaintsanddeniedthequotasweretradeprotectionism.ChineseforeignministryspokesmanLiuWeiminsaid:"Wethinkthepolicyis

4、inlinewithWTOrules.Exportshavebeenstable.Chinawillcontinuetoexport,andwillmanagerareearthsbasedonWTOrules."ØWhatkindoforganizationisWTO?Whatkindofroledoesitplayinsettlingdisputesininternationaltrade?TheWorldTradeOrganizationisaninternationalorganizationdesignedtosuperviseandliberalizeinternationa

5、ltrade.TheorganizationofficiallycommencedonJanuary1,1995undertheMarrakechAgreement,replacingtheGeneralAgreementonTariffsandTrade(GATT),whichcommencedin1947.TheWTO’sprocedureforresolvingtradequarrelsundertheDisputeSettlementUnderstandingisvitalforenforcingtherulesandthereforeforensuringthattradefl

6、owssmoothly.ØNametherecentcasesoftradeconflictsthatyouknow,andfindoutthemajorcomplaints.In2009,WashingtonexpandedsanctionsagainstEuropeanfoodproductsinretaliationforEurope'sboycottagainsthormone-treatedAmericanbeef.文案大全实用标准文档Afterthe2008financialcrisis,U.S,governmentinitiatedabailoutplanofGMandCh

7、ryslertotheexclusionofforeignfirms.Asaresponse,E.U.accusedU.S.ofviolatingtheso-called"nationaltreatment"clausesintradeagreements,andputWashingtononnoticethatitwillpursuelegaltraderemediesifthefinalbailoutpackagewasdisc

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