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We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in turn reduces trade flows and real income for consumers....
Persistent link: https://www.econbiz.de/10011083973
One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international trade rules. The book is divided into sections dealing with:...
Persistent link: https://www.econbiz.de/10011851983
negotiations and renegotiations.An analysis of all these articles and the ways in which the provisions impinge on the commitments … made during tariff negotiations and renegotiations is outside the scope of this work.We take up only those articles which … have a direct bearing on the subject of our study. A.Provisions relating to tariff negotiations Periodic tariff …
Persistent link: https://www.econbiz.de/10013547077
procedures and practices relating to tariff negotiations and renegotiations have evolved over this time. In particular, this new … edition recounts how negotiations to expand the duty-free coverage of the Information Technology Agreement were concluded and … negotiations for the accession of a number of new members to the WTO, such as China and Russia. This book will be of particular …
Persistent link: https://www.econbiz.de/10013285288
Until the beginning of this century, the GATT/WTO system worked. Economic research provided a compelling explanation. It showed that if governments maximize the well-being of their own countries broadly defined, GATT/WTO principles would facilitate mutually beneficial cooperation over their...
Persistent link: https://www.econbiz.de/10015171695
The procedures and practices to implement the provisions relating to tariff negotiations and renegotiations have …
Persistent link: https://www.econbiz.de/10012882864
procedures and practices relating to tariff negotiations and renegotiations have evolved over this time. In particular, this new … edition recounts how negotiations to expand the duty-free coverage of the Information Technology Agreement were concluded and … negotiations for the accession of a number of new members to the WTO, such as China and Russia. This book will be of particular …
Persistent link: https://www.econbiz.de/10012883076
Persistent link: https://www.econbiz.de/10011921148
Persistent link: https://www.econbiz.de/10014226459
We construct a game theoretic model of an oligarchic economy that potentially could be targeted by smart international sanctions. Oligarchs in this economy provide support for their leader, a strong man and potentially an autocrat, in return for favors that results in having income higher than...
Persistent link: https://www.econbiz.de/10011263448