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Almost all countries have faced protectionist pressures from their agricultural sector, particularly during trade negotiations. Korea is no exception. This article examines the strategy of competitive framing used by both the farm lobby and Korean government in the context of the Korea-US Free...
Persistent link: https://www.econbiz.de/10012992028
protectionism under the guise of free trade. For this, the paper proposes an ideal-type free trade agreement benchmark model based … classical liberal ideal of totally free trade and have a high content of back door protectionism suitable to raise trade …
Persistent link: https://www.econbiz.de/10012171644
Why is further multilateral trade liberalisation proving so difficult to achieve? This paper shows that Article XXIV itself, the set of WTO rules governing trade block formation, undermines the multilateral liberalisation process. Trade block formation under Article XXIV can be thought of as a...
Persistent link: https://www.econbiz.de/10014155322
The North American Free Trade Agreement (NAFTA), which entered into force on 1 January 1994, is an agreement between Mexico, Canada and the United States to ensure that covered goods and services fall under a comprehensive free trade agreement among the three countries. NAFTA included, in...
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We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...
Persistent link: https://www.econbiz.de/10010467794
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This study examines the phenomena of “social clauses” that aim to uphold labour standards within the international trade regime and discusses examples of their implementation. “Social clauses”, despite their contentious past within the World Trade Organisation and preceding frameworks,...
Persistent link: https://www.econbiz.de/10013012580