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This paper surveys the law and economics literature on WTO dispute settlement. As a background, we first briefly lay out main features of the legal framework, and discuss possible roles of a dispute settlement mechanism. We then discuss the two main themes in the empirical literature on dispute...
Persistent link: https://www.econbiz.de/10005645333
The National Treatment clause (NT) is the first-line defense in the GATT (and in most other trade agreements) against …. Furthermore, it requires a high degree of economic sophistication on behalf of trade negotiators in order for this beneficial …
Persistent link: https://www.econbiz.de/10005645401