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membership into the world trading system, the WTO may face a "latecomers" problem that, while occurring also in earlier rounds …A fundamental objective of the Doha Round of WTO negotiations is to improve the trading prospects of developing … countries. The 2001 declaration from the WTO Ministerial Conference in Doha, Qatar, commits the member governments to …
Persistent link: https://www.econbiz.de/10012461008
We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy for breach and whether the agreement should be structured as a system of "property rights" or...
Persistent link: https://www.econbiz.de/10014202238
acquire private information over time. In this context, we provide equilibrium interpretations of GATT/WTO negotiations … regarding upper bounds on applied tariffs and GATT/WTO escape clauses. We find that governments achieve greater welfare when … also provides a novel interpretation of a feature of the WTO Safeguard Agreement, under which escape clause actions cannot …
Persistent link: https://www.econbiz.de/10013309238
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purposes is that they represent a rare instance of essentially unilateral actions that are permissible within the WTO: under … anti-dumping actions, the WTO Agreement on Implementation of Article VI represents an extraordinarily detailed attempt by … WTO member governments to 'reign in' this potential through a detailed set of rules governing the acceptable methodologies …
Persistent link: https://www.econbiz.de/10014064758
Persistent link: https://www.econbiz.de/10014480091
In this paper I sketch out the rough contours of the challenge faced by the WTO in dealing with non-tariff measures … (NTMs) as seen from the economic theories of trade agreements. The key questions for the WTO - the answers to which largely … the commitment problem that WTO member governments seek to solve with their WTO membership?; and Is it market clearing or …
Persistent link: https://www.econbiz.de/10013111272
What incentives do governments have to negotiate "new trade agreements," i.e., agreements that constrain not only governments' choices of tariffs, but also their domestic regulatory policies? We focus on horizontal product standards, i.e., those that impose requirements along a horizontal...
Persistent link: https://www.econbiz.de/10012480078
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