Trade is another area where changes in the scale of international activity have called for increasing regulation during the last fifty years. Just as national governments gradually asserted increasing control over economic relations among their citizens-first to make trade freer, to break down the restrictive practices of the guilds and to remove local taxes and local octrois imposed by individual towns and localities, and later to make trade fairer, to regulate the conditions of commerce, to lay down company law, to prevent monopoly and restrictive practices, and to protect the consumer-so international government has increasingly had to intervene for similar purposes: first to make trade freer among states, and later to make it fairer between them.


International Trade Poor Country Rich Country Export Subsidy Buffer Stock 
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    For a description of the League’s economic activities, see L. P. Walters, A History of the League of Nations (London, 1960), esp. pp. 125 ff, and 423–5.Google Scholar
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    See R. N. Gardner, ‘The United Nations Conference on Trade and Development’, International Organization, Winter 1968, pp. 126 ff.Google Scholar
  4. 8.
    See B. Gosovic, ‘UNCTAD: North-South Encounter’, International Conciliation, May 1968, p. 77.Google Scholar


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© Royal Institute of International Affairs 1977

Authors and Affiliations

  • Evan Luard

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