assignment 1 Vũ Minh Hiếu K204021002 ver 2
assignment 1 Vũ Minh Hiếu K204021002 ver 2
assignment 1 Vũ Minh Hiếu K204021002 ver 2
Issue: There were five issues in the case: first, whether Argentina’s
application of the DIEM violated the Article II of GATT 1994. Second,
whether the panel had made a mistake when concluding that Argentina’s
usage of the DIEM means that Argentina had violated the Article II of
the GATT 1994 “in all cases”. Third, Whether by ignoring Argentina’s
duties to IMF, the panel had let the Article VIII of GATT 1994 to be
wrongly applied to the 3% Ad valorem statistical tax. Fourth, whether
the Article 11 of DSU had been violated by the panel.
Law: Article II of the GATT 1994; Article VIII of the GATT 1994;
Agreement Between the IMF and the WTO; The Declaration on the
Relationship of the World Trade Organization with the International
Monetary Fund; The Declaration on the Contribution of the World Trade
Organization to Achieving Greater Coherence in Global Economic
Policymaking; Article 11 of the DSU.
Holding: The Appellate Body had made five conclusions: first, yes,
Argentina had violated the Article II of GATT 1994 through the
application of the DIEM. Second, no, the panel never made the
conclusion the conclusion that Argentina had violated the Article II of
GATT 1994 “ in all cases”. Third, no, the panel’s application of Article
VIII of GATT 1994 to the 3% Ad valorem statistical tax is correct.
Fourth, no, the panel did not violate the Article 11 of DSU.