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This paper presents a model of international trade agreements in which the executive branches of each government negotiate agreements while the legislative branches, subject to political pressure from firms, can disrupt them. Lobbying is in the style of Grossman and Helpman (1994) with a new...
Persistent link: https://www.econbiz.de/10014164265
In an environment where international trade agreements must be enforced via promises of future cooperation, the presence of an import-competing lobby has important implications for optimal punishments, and therefore dispute resolution procedures. When lobbies work to disrupt trade agreements,...
Persistent link: https://www.econbiz.de/10013034997
This paper presents a model of international trade agreements in which the executive branches of each government negotiate agreements while the legislative branches, subject to political pressure from firms, can disrupt them. Lobbying is in the style of Grossman and Helpman's ‘Protection for...
Persistent link: https://www.econbiz.de/10014260785
This draft chapter compares the Trans-Pacific Partnership Agreement (TPP) with the Australia-United States Free Trade Agreement, reflecting on relevant developments in the Australia-United States relationship including with respect to agriculture and biologic medicines. The chapter focuses on...
Persistent link: https://www.econbiz.de/10014124980
The relationship between the bilateral investment treaty (‘BIT') between Australia and China (1988) and the preferential trade agreement between those countries (‘ChAFTA') (2015) provides an interesting case study of the co-existence of successive treaties under public international law....
Persistent link: https://www.econbiz.de/10012964725
This article provides an overview of the recently concluded Trans-Pacific Partnership Agreement (TPP), a treaty the parties have described as comprehensive and ambitious, yet also representing a balance of competing interests. The article focuses on the TPP's chapters relating to investment,...
Persistent link: https://www.econbiz.de/10012981912
As the vision of the TPP as a living agreement recedes, it nevertheless offers a window into the negotiation of trade and investment agreements and the negotiated positions of the 12 TPP countries on a range of matters of crucial importance to the global economy today. Given the rise of...
Persistent link: https://www.econbiz.de/10012922770
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