For the purposes of paragraph 2, the amounts relating to administrative costs, sales and profits, as well as profits, are based on actual data relating to the production and sale of the similar product during normal commercial transactions of the similar product by the producer-exporter or producer under investigation. If these amounts cannot be set on this basis: the amounts can be set on the basis of the 3. (a) the provisions of Part II of the 1994 GATT, not for measures taken by a member under the specific binding legislation adopted by that member before becoming a contracting party to GATT1947, which prohibits the use, sale or leasing of foreign-built or reconstructed vessels in commercial applications between points in national waters or in the waters of an exclusive economic zone. This derogation applies: (a) the continuation or immediate extension of a non-compliant provision of this legislation; and (b) amending a non-compliant provision of these provisions, to the extent that the amendment does not diminish the compliance of the provision with Part II of GATT 1947. This exemption is limited to measures taken under the above-mentioned legislation, notified and agreed before the WTO agreement came into force. If this legislation is amended at a later date to reduce its compliance with Part II of the 1994 GATT, it will no longer be eligible for the scope of this paragraph. (b) references to Articles XV:1, XV:2, XV:8, XXXVIII and notes ad Article XII and XVIII of the Treaty and the special exchange agreement provisions for Articles XV:2, XV:3, XV:6, XV:7 and XV:9 of the GATT1994 are considered references to the WTO. The other functions that the GATT1994 provisions confer on contractING PARTIES acting jointly are assigned by the Ministerial Conference. c) (i) The text of GATT1994 is authentic in English, French and Spanish.
In 1947, the average tariff for large GATT participants was about 22%.  As a result of the first rounds of negotiations, tariffs at the heart of the GATT of the United States, the United Kingdom, Canada and Australia have been reduced relative to other contracting and non-GATT countries.  During the Kennedy Round (1962-67), the average level of tariffs for GATT participants was about 15%.  After the Uruguay Round, tariffs were less than 5%.  The fourth round returned to Geneva in 1955 and lasted until May 1956. 26 countries participated in the cycle. $2.5 billion in tariffs have been eliminated or reduced. For the purposes of paragraph 2, costs are normally calculated on the basis of the registers of the exporter or producer under investigation, provided that these records are consistent with the generally accepted accounting principles of the exporting country and adequately reflect the costs associated with the production and sale of the product concerned. The authorities review all available evidence regarding the proper distribution of costs, including those made available by the exporter or producer during the investigation, provided that these allowances have been used by the exporter or producer in the past, including amortization periods and depreciation appropriate for capital and other development costs. Except where the cost allocations in this paragraph are already included, costs are reasonably adjusted for non-recurring cost items that benefit future production and/or current production, or for circumstances in which costs are affected by ongoing measures during the investigation period (6).
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries whose overall objective was to promote international trade by removing or removing trade barriers, such as tariffs or quotas. According to its preamble, its objective was to “substantially reduce tariffs and other trade barriers and eliminate mutually beneficial and reciprocal preferences.” Reducing tariffs and introducing new rules to stem the increase in non-tariff barriers and voluntary export restrictions