This paper uses simple economic theory to examine the effects of various policies that are intended to level the playing field in international trade. That is, when foreign producers are given advantages over domestic producers by government subsidies or other interventions that lower their...

In this paper, we trace the jurisprudential history of the applicability of US countervailing duty (CVD) law to non-market economies (NMEs). We describe how, since the United States reversed its long standing policy of not imposing CVDs on NMEs, concurrent application of antidumping (AD) and...

This paper reviews the essentials of economic globalization, as well as the major institution that has recently gotten much of the credit and blame for it, the World Trade Organization (WTO). It first defines globalization, which is just the increasing economic integration of the world economy....

This paper assesses the major developments in U.S. trade policies since the creation of the WTO in 1995. It is based in large measure on the fourth biannual (1996) WTO Trade Policy Review of the United States and updated through 1997. The discussion and assessments include in particular: the...

This paper assesses the major developments in U.S. trade policies since the creation of the WTO in 1995. It is based in large measure on the fourth biannual (1996) WTO Trade Policy Review of the United States and updated through 1997. The discussion and assessments include in particular: the...

This paper provides an alternative analytical view of the mechanism by which interest groups influence trade policy. In contrast to other economic models in which trade policy is essentially "bought" by industrial interests, this model views interest groups and legislators as possibly sharing...

Economic sanctions are not only a foreign policy tool but a form of trade policy. Like other kinds of trade policy, sanctions attract domestic political support from both protectionists and the human rights lobby. Sometimes the human rights lobby can piggyback on protectionists to encourage...

This paper reviews the various economic effects on Algeria of accepting the European Union's invitation to enter into an economic partnership, as has already been done by two other countries of the Maghreb, Morocco and Tunisia. These Euro-Mediterranean partnerships consist primarily of the...

To date, virtually all the equity market literature analyzing the consequences of trade policy changes has assessed only the impact on the home country. Almost no attempt has been made to use equity-market data to assess simultaneously the impact of policy changes on the welfare of trading...

This paper is about the interactions between what is traditionally considered trade policy and a narrow but important aspect of competition policy, namely merger policy. We focus on links between merger policies and trade liberalization. Interpreting merger policy as a choice of degree of...