The initial motivation for this paper was to consider whether international labor standards should be incorporated into the rules and mandate of the WTO.

The overall impression that emerges from the GATT review is that Japan has been struggling sonce 1991 in response to the collapse of its domestic asset markets, the onset of economic slowdown and recession, and a very sizable nominal and real appreciation of the yen.

This paper explores a number of conceptual issues that are germane to the analysis of conflict and cooperation in international economic policy and law. The focus is on issues involving conflict and cooperation that have been treated in the theory of international trade, in particular departures...

In this paper, we adapt the latest version of the Michigan Model of World Production and Trade to incorporate relationships and data for cross-border services trade and foreign direct investment (FDI) in the major developed and developing countries subsumed in the model's structure and database.

The story line a recent trade frictions between the U.S. and Japan in the auto market goes as follow. Initially, there was not much trade Japanese cars were made in Japan with mostly Japanese parts and the same was mostly true of North American cars.

The paper provides a brief overview of the new World Trade Organization, successor to the GATT as the arbiter of cooperation in matters of international trade policy.

We use a special constructed version of the Michigan Brown-Deardorff-Stern (BDS) Computational General Equilibrium (CGE) Model of World production and Trade to estimate the potential economic effects on the Tunisian economy that may result from the free trade agreement (FTA) between Tunisia and...

In May, 1981, a voluntary export restraint (VER) was placed on exports of automobiles from Japan to the United States. As trade policies go, this one was important. The automobile industry is the largest manufacturing industry in the United States and the initiation of the VER captured head-...

This paper reviews the main issues in the forthcoming WTO negotiations, including: a review of the accomplishments of the Uruguay Round and the multilateral negotiations that have since followed; identification and analysis of Uruguay Round built-in agenda issues and new issues that may possibly...

There is a wide disparity of views on issues of international labor standards. The purpose of this paper is to explore these different views and the available options for addressing the issues involved. We conclude that there is no convincing case for incorporating labor standards into the WTO...