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Economic theory suggests that countries' tariff commitments in trade agreements reflect their import market power at …-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …
Persistent link: https://www.econbiz.de/10014276681
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper … time in trade literatures. Inserting tariffs directly into the gravity equation breaks the ITAs impact down into four … layers. Import demand elasticities are found to be non-linear: Tariff reduction (layer 1) has relatively small impacts, while …
Persistent link: https://www.econbiz.de/10010482005
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to …
Persistent link: https://www.econbiz.de/10009534892
in which traders operate.Binding tariffs at the WTO reduces the scope for their discretionary use. But, countries have … bound tariffs at ceiling levels often substantially above the level of applied tariffs. Therefore, whether the ceiling rate …. Using a recently built database on applied tariffs covering over 100 countries for the period 1996 to 2009, we find evidence …
Persistent link: https://www.econbiz.de/10009305703
The Marrakesh Agreement establishing the WTO recognizes the need for positive efforts designed to ensure that developing countries and especially the least developed among them secure a share in the growth in international trade commensurate with the needs of their economic development.This...
Persistent link: https://www.econbiz.de/10012884437
This paper examines how services trade and policies contribute to connectivity. It highlights the economic relevance of services and identifies some key channels through which trade in services contributes to physical and digital connectivity. The paper examines the impact of services trade...
Persistent link: https://www.econbiz.de/10011723870
While economic sanctions may be attractive policy tools for governments wanting to express discontent with a country's behaviour, it is arguable if from an economic perspective sanctions can achieve the change that is often envisaged through the punitive measures taken. In fact, the literature...
Persistent link: https://www.econbiz.de/10011810315
Competition policy, today, is an essential element of the legal and institutional framework for the global economy. Whereas decades ago, anti-competitive practices tended to be viewed mainly as a domestic phenomenon, most facets of competition law enforcement now have an important international...
Persistent link: https://www.econbiz.de/10011930988
In addition to cross-border supply, the Agreement covers three additional types of transactions, i.e. the supply of services via consumer movements abroad as well as the presence of foreign firms and foreign service professionals in the respective markets. At the same time, the GATS accommodates...
Persistent link: https://www.econbiz.de/10010380596
preferential agreements on effective protection as well as the impact of tariffs on the production costs of services. A final …
Persistent link: https://www.econbiz.de/10010457253