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With the virtual elimination of tariffs and quotas under GATT, antidumping measures emerged as a key instrument of … protection. Under antidumping actions exporters can either raise the price to eliminate the dumping margin or pay an antidumping … the smaller loss in market share exporters may prefer an antidumping duty over voluntary settlement. The paper analyzes …
Persistent link: https://www.econbiz.de/10014400866
Persistent link: https://www.econbiz.de/10012796713
We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the traditional trade policy point of view. We show that in a New Keynesian model, unilateral trade liberalization reduces welfare due to terms-of-trade deterioration, creating an...
Persistent link: https://www.econbiz.de/10011281913
Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable ""noodle bowl"" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...
Persistent link: https://www.econbiz.de/10014400352
The recent wave of foreign investment in China''s banks and the prospects of further opening of the banking sector under the WTO agreement suggest that foreign banks are likely to play an increasingly important role in China. This paper takes stock of the involvement of foreign banks in the...
Persistent link: https://www.econbiz.de/10014400612
In the Doha Round, negotiators are discussing the elimination or continuation of the special agricultural safeguards introduced by the Uruguay Round as well as the creation of special safeguard mechanism for use by developing countries. This paper argues that, in violation of the spirit of the...
Persistent link: https://www.econbiz.de/10014400731
This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the implementation of the Eurasian Economic Community (EAEC) customs union and whether the latter facilitates or delays WTO accession for some member countries of the Commonwealth of...
Persistent link: https://www.econbiz.de/10014400926
This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a...
Persistent link: https://www.econbiz.de/10014403675
This paper assesses the effects of reducing tariffs under the Doha Round on market access for developing countries. It shows that for many developing countries, actual preferential access is less generous than it appears because of low product coverage or complex rules of origin. Thus lowering...
Persistent link: https://www.econbiz.de/10014404247
Small and poor countries pose a challenge for the World Trade Organization (WTO). These countries have acquired a significant say in WTO decision-making. However, they have limited ability to engage in the reciprocity game that is at the heart of the WTO, and have limited interests in the...
Persistent link: https://www.econbiz.de/10014401438