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Many different approaches have developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). Moving on from models using simple dummy variables, today a range of databases can capture different aspects of NTMs and FTAs. Some assess the depth of FTAs by extracting...
Persistent link: https://www.econbiz.de/10012262387
Starting in the 1960s with the Kennedy Round of the General Agreement on Tariffs and Trade (GATT), nontariff measures (NTMs) have been replacing tariffs continuously as the core element of trade negotiations. Today they take centre stage in all EU trade agreements with industrialised and...
Persistent link: https://www.econbiz.de/10012262471
Trade facilitation measures are key in offsetting some of the time and cost increases experienced by firms and consumers against a backdrop of continued supply chain disruptions. Through the lens of the updated OECD Trade Facilitation Indicators (TFIs), this paper assesses progress and...
Persistent link: https://www.econbiz.de/10013377695
We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions mapping reciprocal tariff cuts to labor market...
Persistent link: https://www.econbiz.de/10015056161
Owing to innovations and a growing consumer demand for better and safer products, the number of technical standards has been steadily increasing in recent years. As standardization is a major catalyst to global commerce, The World Trade Organization (WTO), a typical consensus-driven...
Persistent link: https://www.econbiz.de/10013048143
Transnational technical standard-setting has grown in prominence in recent years. The World Trade Organization (WTO) requires the use of international standards but adopts a deferential approach towards international standards. However, practice shows that several international standards are...
Persistent link: https://www.econbiz.de/10012919294
In order to ensure transparency and to keep abreast of trade policies in support of sustainability, the WTO Committee on Trade and Environment (CTE) mandated the WTO Secretariat to compile and collate all environment-related measures notified to WTO. The database also includes...
Persistent link: https://www.econbiz.de/10012201136
The Marrakesh Agreement establishing the WTO recognizes the need for positive efforts designed to ensure that developing countries and especially the least developed among them secure a share in the growth in international trade commensurate with the needs of their economic development.This...
Persistent link: https://www.econbiz.de/10012436848
The Marrakesh Agreement establishing the WTO recognizes the need for positive efforts designed to ensure that developing countries and especially the least developed among them secure a share in the growth in international trade commensurate with the needs of their economic development.This...
Persistent link: https://www.econbiz.de/10012884437
The policy implications for the failure to grant market economy status to China by the EU under the WTO Dispute Settlement procedure will impede and complicate global trade.This Research Brief aims to review the legal dimensions of the MES debate in light of the fundamental principles of...
Persistent link: https://www.econbiz.de/10014090246