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We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, GATT. We review recent … developments in the relevant theoretical and empirical literature. And we describe the GATT/WTO architecture and briefly trace its … central features of the design and practice of the GATT/WTO, and we identify key unresolved issues. …
Persistent link: https://www.econbiz.de/10008698733
In this paper I sketch out the rough contours of the challenge faced by the WTO in dealing with non-tariff measures … (NTMs) as seen from the economic theories of trade agreements. The key questions for the WTO - the answers to which largely … or the commitment problem that WTO member governments seek to solve with their WTO membership?; and (2) Is it market …
Persistent link: https://www.econbiz.de/10009413280
Existing theories of trade agreements suggest that GATT/WTO efforts to reign in export subsidies represent an … suggest that the gradual tightening of restraints on export subsidies that has occurred in the GATT/WTO may be interpreted as … delocation model first introduced by Venables (1985), we demonstrate that it is possible to develop a formal treatment of export …
Persistent link: https://www.econbiz.de/10008698734