. Intuitively, unilateral liberalization by one country has the effect of increasing the incentives for the export lobby in the …

in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five … 'affirmative action' for the industry in its efforts to sell more in Japan, but has been criticized as constituting 'export …

regulatory race to the bottom. WTO rules and disputes, however, center on complaints about excessively stringent regulations … WTO legal framework in light of our results, arguing that it does a reasonably thorough job of policing regulatory …

, forms and possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few … trade and financial arrangements in the WTO and IMF, and eventually movement to linked global trade and environmental policy …

. However, they are likely to have a more prominent role in trade policy discussions in the years ahead for the new World Trade … more prominent, whether the WTO is an appropriate forum to discuss them, and how they affect developing and other economies …

world agricultural prices. Reduced agricultural price distortions among major supplying nations are predicted to increase … basic food prices and decrease some important export prices such as those for coffee and cotton. It appears that raising … food prices paid by food importers must be bad for them, while reducing world coffee and cotton prices appears bad for …