-
of the general agreement on tariffs and trade
-
looked promising.
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But despite the attendance of 88 nations
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and strong urging by the US and others,
-
participants failed to agree upon an agenda
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for a new round of multilateral trade negotiations.
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The failure of the four-day conference
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to conclude fundamental agreements
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is likely to heighten the already-present dangers
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of economic nationalism,
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that has been triggered by the worldwide recession
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and rising unemployment in most countries.