How do decisions of the World Trade Organization (WTO) Dispute Settlement Body (DSB) relate to economic/trade gains? This is an important question to consider when evaluating the efficacy of the WTO DSB. Although it may seem obvious that a successful dispute resolution through the DSB would...

The Appellate Body (AB) in US – Washing Machines clarified the concept of targeted dumping and the way to apply the pertinent part of Article 2.4.2. Above all, by limiting the applicable scope for the second sentence of Article 2.4.2 to ‘pattern transactions' which consist of only low-priced...

While the WTO Member countries continue to increase their FTA arrangements with divergent frameworks, they have begun to adopt modified WTO trade remedy systems in FTAs. Although the content and degree of these modified systems may not be significant yet, they still set very important...

East Asian WTO Members -- China, Japan and Korea -- have always been the key players for the development of the WTO trade remedy system, initially as major targets of trade remedy measures but recently also as important users of such measures. This article reviews the current situations of East...

Using bilateral trade data on WTO disputes from 1995 to 2010 within the framework of multilateral trade, this paper empirically investigates whether legally winning a WTO dispute leads to actual trade gains. This study helps to illuminate the efficacy of the WTO dispute settlement system and to...