Meps test - Study guides, Class notes & Summaries

1. The principle of states that least restrictive trade WTO member countries, in setting otherwise valid restrictions on trade, shall make them no more onerous than necessary to achieve the goals for which they were imposed. 2. A corollary to least restrictive trade is that national laws and regulations passed for purely internal purposes, such as the protection of the gener- al HS&W must also pose the fewest barriers to trade as pos- sible. 3. The WTO has stated that this is the balancing te...