Even though trade negotiations have increasingly come to focus on regulatory issues, the full impacts, that is, both social costs and benefits of regulatory changes, often remain unexamined in trade impact assessments. To bridge this gap, we scrutinize the theoretical foundations, methodologies...

Can consumers trust that the food they buy in the supermarket, even if imported, is not harmful to their health? What would be the consequences if their trust in existing health and safety standards were to be undermined by recognizing lower foreign standards? Against the backdrop of public...