1. EU's Trade Policy
... into the global economy" (Dinan, 1999:504). The EU faces the difficulty of promoting its member states interests and industries whilst supporting LDCs economies and the results of the Lome Conventions and the General System of Preferences (GSP) has been varied. Generally Lome 1 was regarded as "inadequate" and criticised for "falling short of what African Caribbean and Pecific (ACP) states had ... here LDC's were restricted by regulations in an area they had competitive advantage and could have easily competed. GSP was introduced in 1971 for "those countries excluded from the Lome Conve...
- Word Count: 1946
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate