After more than seven years of negotiations and two major postponements, the representatives of 108 countries and the European Commission signed the Final Act of the Uruguay Round on April 15, 1994. This latest round of trade negotiations under the General Agreement on Tariffs and Trade ("GATT") boasts a number of measures that should help liberalize world trade significantly. Because of these measures, the Uruguay Round has rightly been called a boon to freer trade.
W. M. Shao,
Is There No Business Like Show Business? Free Trade and Cultural Protectionism,
Yale J. Int'l L.
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