The victory will not be financial but moral.
America cannot parade around acting like the “defender of democracy” and “bastion of free-trade” when they’re in obvious breach of WTO rulings.
Well .. actually they can .. and currently do … :dajudge:
But the posturing will look more and more pathetic the longer it goes on.
:withstupi
On the downside ////
The item linked actually touched on the free-trade in agricultural products too – and it’s a fact of economies that most first world farmers in the US and EU only exist thanks to maasive subsidies offered by their governments.
Basically the high cost of living – and low price of food – means that farming huge tracts of first world land is not economic – but successive European and American goverenments have propped it up in order to retain votes and stay in power.
The third world is crying out for fair free-trade on this issue – as the meagre profit involved (by first world standards) are still very attractive to third worlkd economies – and it’s a very real problem that has exisited for 20 years.
Unfortunately, trade talks after trade talk seem to be blocked – and we are probably still 20 years away from getting it solved …
What this means is the the online gambling WTO uling is probably NOT going to have a real impact for a decade at least.
But at least it scores a few points against the pompous posturing senators eh?
:Nod: