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Widening imbalances in current account positions across some of the major OECD economic areas have raised concerns about related increases in protectionist sentiments. This paper reviews recent trends in market openness indicators and assesses whether barriers to international trade and...
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represented 83% of the world's population and 91% of the world's GDP in 2013. We address five questions: Do some countries have …, how liberalized is world trade? Our analysis documents the extent of cross-sectional heterogeneity in applied commercial … policy barriers remain as an important feature of the world economy. …
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. This chapter considers the recent empirical and theoretical literature on NTMs in the world trading system. It provides a … that govern NTMs in the world trading system. It discusses some of the major issues regarding international cooperation … reviews some of the specific features the World Trade Organization (WTO) uses in dealing with NTMs such as national treatment …
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