5-2 GATT Negotiating rounds Annual Growth Under % GATT Geneva 1947 23 9.0 8.5 Annecy 1949 13 8.0 Torquay 1950-51 38 7.5 Geneva 1956 26 7.0 Dlln1960-62 45 6.5 Kennedy 1964-67 62 6.0 5.5 Tokyo 1973-79 99 5.0 Uruguay 1986-94 117 4.5 4.0 1953-631963-73 L World Trade L World Income McGraw-HillIrwoin @2003 The McGraw-Hill Companies, Inc, All Rights Reserved.McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. 5-2 GATT Negotiating Rounds Geneva 1947 23 Annecy 1949 13 Torquay 1950-51 38 Geneva 1956 26 Dillon 1960-62 45 Kennedy 1964-67 62 Tokyo 1973-79 99 Uruguay 1986-94 117 9.0 8.5 8.0 7.5 7.0 6.5 6.0 5.5 5.0 4.5 4.0 World Trade World Income 1953-63 1963-73 Annual Growth Under % GATT