Similarly, preamble of the US paper partially quoted the Marrakech Declaration of 1994, that the multilateral trading system should be “based upon open, market-oriented policies”. However, the paper intentionally omitted the rest part of sentence, which says “ (based upon ... ) and the commitments set out in the Uruguay Round Agreements and Decisions”. This second half sentence is extremely important, as each Member has its own domestic policy objectives, and that the results of multilateral negotiations are a balance between Member’s domestic policies and the process of global trade liberalization. Such balance is reflected in the trade rules, the tariff schedules and services schedules of Members, which contain descriptions of Members’ legitimate regulatory policies and measures. To put it simple, the WTO Agreement is a set of contracts achieved through negotiations. Within the scope of those contracts, Members abide by the conditions set forth in the contracts. Beyond the scope of those contracts, Members have their own policy space.