Discuss the reasons why Chile’s proposal to require “STOP” signs on junk food would be a topic for consideration by the WTO.

Economics
Paper , Order, or Assignment Requirements

Chile has recently proposed amendments to its Food Health Regulations. The new regulations would require “STOP” sign labels on junk food to alert the consumer to stop and think before consuming the unhealthy food. Hershey’s is a US producer of many different junk food products, and has been exporting these goods regularly to Chile. Discuss the reasons why Chile’s proposal to require “STOP” signs on junk food would be a topic for consideration by the WTO. Would it make a difference if Chile required the “STOP” sign warnings only on imported junk food and did not have the same requirements for junk food that was produced in Chile? What effect would this regulation have upon Hershey and upon the local and global economy?