Trade in Services

Authored by: Christopher Roberts , Kenneth Heydon

The Ashgate Research Companion To International Trade Policy

Print publication date:  July  2012
Online publication date:  March  2016

Print ISBN: 9781409408352
eBook ISBN: 9781315613086
Adobe ISBN: 9781317043096


 Download Chapter



Services make a major contribution to the economy and employment in all countries, whatever their stage of development. Yet they contribute a significantly smaller share of international trade than goods. Part of the reason for this is that only modest progress has so far been made to guarantee open markets for trade in services. This chapter sets out the importance of services in international trade, and assesses the gains that can be made from liberalization. It describes the structure and impact of the key international agreement on trade in services – the General Agreement on Trade in Services (GATS). It explains how far governments have committed themselves, both multilaterally in the World Trade Organization (WTO) and through preferential agreements, to keeping their markets open to foreign suppliers of services.

Search for more...
Back to top

Use of cookies on this website

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more in our Privacy Policy. By continuing to use the site you are agreeing to our use of cookies.