Passage 2
On a conservative estimate the Uruguay round would permanently raise global welfare by more than $100 billion a year, spur economic growth everywhere, and extend competition to hitherto sheltered, and therefore backward, parts of all economies. By any standards, it would be a hugely valuable achievement.
Such opportunities come too rarely to be squandered. 【Yet this one still may be】.
39.What would the Uruguay round bring to the backward parts of economies?
Economic growth and competition.
