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Trade policy commitments to lower import tariffs and to maintain tariffs at low levels entail short and long-run political-economic costs and benefits. Empirical work examining the relationship between such commitments and the exercise of trade policy flexibilities is still relatively nascent,...
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An important recent World Trade Organization dispute settlement case for many developing countries concerned European … being used to cover losses associated with exports of sugar to the world market. Although in principle the economic …
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Incorporating family decisions in a two-period-model of the world economy, we show that trade liberalization may reduce …
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represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …
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A new database on the barriers faced by foreign suppliers of services has been produced by the World Bank. Data for 103 …
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apply the World Trade Organization's global safeguards policy instrument. The four examples include recent policies applied …
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-- the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade … to raise their import restrictions when international prices slump. To date there is no parallel discipline in the World … through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous price …
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subject to the combined use of these TTBs before applying these measures to new data drawn from the World Bank's Temporary …
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