1.   This will have the effect of distorting trade and militating against attaining the objectives of the SEM.

2.   They also argue that tax havens distort trade, giving multinational corporations an advantage over domestic, and usually smaller, competitors.

3.   Opponents say such subsidies distort trade by reducing fishing costs and placing downward pressure on world seafood prices at a time of growing shortages of some types of fish.

4.   Bribes distort trade, lead to bad governance in developing countries and penalize citizens in those countries through higher prices for the products and services involved in the bribe.

5.   Efficient farm producing nations like Australia and Canada complain this undercuts them on world markets and so distorts trade.

6.   It is calling on the European Union to remove its heavy subsidy program on the grounds that this distorts trade.

7.   The United States and farm producers like Australia and Canada want to dismantle farm supports which, they maintain, distort trade.

8.   Washington argues the EU distorts prices by subsidizing farmers and distorts world trade by then subsidizing foodstuffs too expensive to be sold at market rates.

9.   But western nations say low wages, sweatshop conditions and pollutant industries are non-tariff advantages that distort international trade.

10.   This had been achieved without causing difficulties for OECD economies, harming employment or distorting trade, it said.