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The Gatt's Starting Point : Tariff Levels Circa 1947
Bown, Chad P. - 2018
How high were import tariffs when GATT participants began negotiations to reduce them in 1947? Establishing this starting point is key to determining how successful the GATT has been in bringing down trade barriers. If the average tariff level was about 40 percent, as commonly reported, the...
Persistent link: https://www.econbiz.de/10012936212
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Is the WTO Passe?
Bagwell, Kyle - 2018
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and...
Persistent link: https://www.econbiz.de/10012937212
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Non-Tariff Measures and the World Trading System
Ederington, Josh - 2017
With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in … literature on non-tariff measures in the world trading system. It provides a set of stylized facts based on available data on non … measures in the trade literature with a focus on the rules and institutions that govern non-tariff measures in the world …
Persistent link: https://www.econbiz.de/10012969264
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Green Subsidies and the WTO
Charnovitz, Steve - 2017
This paper provides a detailed explanation how the law of the World Trade Organization regulates environmental … relevant World Trade Organization rules and case law, including the recent Canada-Renewable Energy case. The paper also makes … specific recommendations for how World Trade Organization law can be improved and discusses the literature on reform proposals …
Persistent link: https://www.econbiz.de/10012972628
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Trade Flows and Trade Disputes
Bown, Chad P. - 2017
countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as …
Persistent link: https://www.econbiz.de/10012972945
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Trade Policy Flexibilities and Turkey : Tariffs, Antidumping, Safeguards, and WTO Dispute Settlement
Bown, Chad P. - 2017
Trade policy commitments to lower import tariffs and to maintain tariffs at low levels entail short and long-run political-economic costs and benefits. Empirical work examining the relationship between such commitments and the exercise of trade policy flexibilities is still relatively nascent,...
Persistent link: https://www.econbiz.de/10012974687
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Agricultural Trade : What Matters in the Doha Round?
Laborde, David - 2017
This survey concludes that including agriculture in the Doha Agenda negotiations was important both economically and politically, although the political resistance to reform is particularly strong in this sector. While agriculture accounts for less than 10 percent of merchandise trade, high and...
Persistent link: https://www.econbiz.de/10012974834
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Reducing Distortions in International Commodity Markets : An Agenda for Multilateral Cooperation
Hoekman, Bernard - 2017
as a result affect world prices for the specific products concerned. Market failures and market structures (market power …
Persistent link: https://www.econbiz.de/10012975528
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Determinants of Trade Policy Responses to the 2008 Financial Crisis
Gawande, Kishore - 2017
. World Trade Organization disciplines raise the cost of using trade policies for member countries and have proved to be a …
Persistent link: https://www.econbiz.de/10012975670
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Cotton Subsidies, the WTO, and The'Cotton Problem'
Baffes, John - 2017
Following an 8-year long dispute over cotton subsidies, Brazil and the United States signed a Memorandum of Understanding on April 21, 2010, effectively paving the way for settling the dispute. This paper argues that cotton subsidies are just the tip of the iceberg while a number of other,...
Persistent link: https://www.econbiz.de/10012976001