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Am 1. Januar 1995 begann die World Trade Organization WTO als Nachfolgerin des Welthandelsabkommens GATT ihre Arbeit. Wie sieht die Bilanz ihrer zehnjährigen Tätigkeit aus? Welche künftigen Herausforderungen kommen auf sie zu?
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We explore the incentives countries face in trade litigation within the new WTO Dispute Settlement System. Our analysis yields a number of interesting predictions. First, because sanctions are ruled out during the litigation process, the Dispute Settlement System does not preclude all new trade...
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