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Since its inception in 1995, more than 312 disputes have been raised under the WTO Dispute Settlement System. Despite the obvious success of this system, several shortcomings call for a revision under the auspices of the Doha Development Round. With a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10011494654
We analyze the effect of the Byrd Amendment, which amended the US Tariff Act of 1930 to allow revenue from antidumping duties to be distributed to domestic import-competing firms. In an international duopoly framework it is shown that it urges the home firm to restrict output so that the foreign...
Persistent link: https://www.econbiz.de/10003246530
We consider the effects of protectionist trade policies on international and domestic market integration, using evidence from the long-standing softwood lumber trade dispute between Canada and the United States. The benefits of trade liberalization are widely acknowledged, including better...
Persistent link: https://www.econbiz.de/10012181252
The paper provides a summary measure of the Uruguay Round tariff reduction commitments in the European Union and the United States, using the Mercantilistic Trade Restrictiveness Index (MTRI) as the tariff aggregator. We compute the index for agricultural commodity aggregates assuming a specific...
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exports. If the current U.S. trade policy were to continue towards protectionism (i.e., with the U.S. withdrawal from TPP …
Persistent link: https://www.econbiz.de/10014107704
For years, the agricultural policies of the United States and the European Union have been the object of internal debate at the same time as they have been at the heart of agricultural discussions in the Doha round of WTO negotiations. The CAP (Common Agricultural Policy) is being examined in...
Persistent link: https://www.econbiz.de/10005406630
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Agriculture subsidies in developed countries have been a major stumbling block in Doha Round negotiations. Developed countries are providing huge subsidies to agriculture sector and thereby create distortions in the international market. Some of the developed countries are enjoying comparative...
Persistent link: https://www.econbiz.de/10012828101