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We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. Inspite of its simplicity, the model yields rich predictions on the structure of the optimal trade agreement and how this depends on the fundamentals of the...
Persistent link: https://www.econbiz.de/10010320067
The National Treatment clause (NT) is the first-line defense in the GATT (and in most other trade agreements) against … internal taxation under the GATT. It is shown that despite severely restricting the freedom to set internal taxes, NT may …
Persistent link: https://www.econbiz.de/10010320171
The basic legal instrument in the WTO Agreement regulating domestic environmental policies is the GATT National …
Persistent link: https://www.econbiz.de/10010320296
goods - The General Agreement on Tariffs and Trade GATT). The present study is one of two background studies for this … project*. The first study, The Genesis of the GATT, appraises the rationale for the creation of the GATT, and tracks its …
Persistent link: https://www.econbiz.de/10010320299
GATT, unbound by case-law interpretations of this provision. To make such proposals, we need to understand the role of the … role of NT in the General Agreement on Tariffs and Trade (GATT) from the perspective of economic theory. Having established …, here we focus on the understanding of the key terms implementing the purpose of NT by GATT and World Trade Organization …
Persistent link: https://www.econbiz.de/10010320354