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Chapter 8. The Design of Trade Agreements

Bagwell, K.; Staiger, R.W. - 2016

What does economics have to say about the design of international trade agreements? We review a literature on this question, providing detailed coverage on three key design features of the GATT/WTO: reciprocity, nondiscrimination as embodied in the MFN principle, and tariff bindings and binding...

Persistent link: https://www.econbiz.de/10014023454

Chapter 4. Quantitative Models of Commercial Policy

Ossa, R. - 2016

negotiations? And what would happen to trade policy cooperation if the world trading system had a different institutional design …

Persistent link: https://www.econbiz.de/10014023456

Procompetitive trade policies

Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001

We study the procompetitive effects of trade policies against a foreign oligopoly in a model of vertical product differentiation. We show that a uniform tariff policy like the Most Favored Nation (MFN) clause is always welfare superior to free trade because of a pure rent-extraction effect....

Persistent link: https://www.econbiz.de/10011400885

Endogenous quality effects of trade policy

Moraga-González, José Luis; Viaene, Jean-Marie - 1999

We study the optimal trade policy against a foreign oligopoly withendogenous quality. We show that, under the Most Favoured Nation(MFN) clause, a uniform tariff policy is always welfare improvingover the free trade equilibrium. However, a nonuniform tariff policyis always desirable on welfare...

Persistent link: https://www.econbiz.de/10011302614

Optimal Tariffs and Technology Choice : Most Favored Nation vs. Secret Trade Agreements

Lestage, Romain - 2023

We study how the most-favored-nation (MFN) clause affects the tariffs of an importer, the technology choices of exporters, and global welfare. Our key contribution is to consider that the MFN clause does not only impose nondiscriminatory tariffs but also makes tariffs observable to third...

Persistent link: https://www.econbiz.de/10014261832

Regulatory Protection and the Role of International Cooperation

Mei, Yuan - 2019

international inefficiency. I show that the World Trade Organization's non-discrimination principle of national treatment cannot …

Persistent link: https://www.econbiz.de/10012893905

The World Trade Organisation : a guide to the new framework for international trade

Das, Bhagirath Lal - 1999

Persistent link: https://www.econbiz.de/10000683179

Endogenous Trade Policies, WTO Rules and International Capital Movement

Suzuki, Katsuhiko - 2008

This paper views the modern world economy to be constructed with democratic countries that implement trade policies as … an income distribution policy, World Trade Organization that intends to improve world welfare by prohibiting export … movement and world welfare in a two-country, two-good, two-factor model with capital specific to the production of one good and …

Persistent link: https://www.econbiz.de/10012727920

Trade and Domestic Policy Linkage in International Agreements

Ederington, Josh - 2001

A central question in discussions of integrating negotiations over domestic policy (e.g., environmental policy or labor standards) into traditional trade agreements is the degree to which the trade policy and domestic policy provisions of an agreement should be explicitly linked. For example,...

Persistent link: https://www.econbiz.de/10014136500

Producer heterogeneity, value-added, and international trade

Alexander, Patrick D. - 2016

Standard new trade models depict producers as heterogeneous in total factor productivity. In this paper, I adapt the Eaton and Kortum (2002) model of international trade to incorporate tradable intermediate goods and producer heterogeneity in value-added productivity. In equilibrium, this yields...

Persistent link: https://www.econbiz.de/10011569668

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