Wto Hello
- Submitted by: sarah91198
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- Category: English: Plays
- Date Submitted: 03/02/2014 01:51 PM
- Pages: 3
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• Analyze winners and losers of the case (including countries of disputes, companies involved, producers and customers).
• Do you think the decision of WTO is ultimately in the best interest of the world or representing only the interests of certain countries as WTO was criticized?
US, Canada and the European Communities complained in 1995 that spirits exported to Japan were discriminated against under the Japanese liquor tax system which, in their view, levies a substantially lower tax on “shochu” than on whisky, cognac and white spirits.
The Panel came to the conclusion that by taxing vodka more than shochu, Japan is in violation of its obligations. Furthermore, the Panel discovered that shochu and liqueurs are competitive or substitutive goods, and Japan, by using dissimilar tax measures, violated its responsibility. Consequently, Japan is being held accountable and was given instructions to bring the liquor tax in compliance with GATT 1994.
• Analyze winners and losers of the case (including countries of disputes, companies involved, producers and customers).
• Do you think the decision of WTO is ultimately in the best interest of the world or representing only the interests of certain countries as WTO was criticized?
US, Canada and the European Communities complained in 1995 that spirits exported to Japan were discriminated against under the Japanese liquor tax system which, in their view, levies a substantially lower tax on “shochu” than on whisky, cognac and white spirits.
The Panel came to the conclusion that by taxing vodka more than shochu, Japan is in violation of its obligations. Furthermore, the Panel discovered that shochu and liqueurs are competitive or substitutive goods, and Japan, by using dissimilar tax measures, violated its responsibility. Consequently, Japan is being held accountable and was given instructions to bring the liquor tax in compliance with GATT 1994.
• Analyze winners and losers of the case (including...
• Do you think the decision of WTO is ultimately in the best interest of the world or representing only the interests of certain countries as WTO was criticized?
US, Canada and the European Communities complained in 1995 that spirits exported to Japan were discriminated against under the Japanese liquor tax system which, in their view, levies a substantially lower tax on “shochu” than on whisky, cognac and white spirits.
The Panel came to the conclusion that by taxing vodka more than shochu, Japan is in violation of its obligations. Furthermore, the Panel discovered that shochu and liqueurs are competitive or substitutive goods, and Japan, by using dissimilar tax measures, violated its responsibility. Consequently, Japan is being held accountable and was given instructions to bring the liquor tax in compliance with GATT 1994.
• Analyze winners and losers of the case (including countries of disputes, companies involved, producers and customers).
• Do you think the decision of WTO is ultimately in the best interest of the world or representing only the interests of certain countries as WTO was criticized?
US, Canada and the European Communities complained in 1995 that spirits exported to Japan were discriminated against under the Japanese liquor tax system which, in their view, levies a substantially lower tax on “shochu” than on whisky, cognac and white spirits.
The Panel came to the conclusion that by taxing vodka more than shochu, Japan is in violation of its obligations. Furthermore, the Panel discovered that shochu and liqueurs are competitive or substitutive goods, and Japan, by using dissimilar tax measures, violated its responsibility. Consequently, Japan is being held accountable and was given instructions to bring the liquor tax in compliance with GATT 1994.
• Analyze winners and losers of the case (including...