6.
In practice the Long Term Arrangement has not worked out as
originally intended for the developing countries.
Instead of
providing growth outlets for their production, subject only to the
invocation of the Arrangement where imports were causing market
disruption, developed countries have tended to use the Arrangement as
an instrument of restriction; .g. the U.S. practice of coming to
"mutually acceptable" agreements under Article 4 as an alternative to
the imposition of unilateral restraints under Article 3; the
administration of import controls by the E.E.C. itself rather than by
the exporting oountry concerned. The U.K. system of global and
country quotas has also had a similar effect.
following countries:
7. The Long Term Arrangement has been accepted by the following countries:
Australia
Austria
Canada
Denmark
E.E.C.
Finland
Greece
Colombia
Korea
Mexico
Norway
Pakistan
Portugal (Metropolitan only) Republic of China
Spain
Sweden
India Israel
Turkey
U.A.R.
Jamaica
Japan
U.K. (including Hong Kong) United States