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We provide a synthesis of the theoretical models that study the use of escape clauses, also known as safeguards, in multilateral and preferential trade agreements. We consider models that explain this type of flexibility based on economic efficiency, political economy shocks, and...
Persistent link: https://www.econbiz.de/10014023452
Foreign firms accused of dumping in the WTO system may face punitive duties if they do not cooperate with domestic investigative authorities. These punitive tariffs are typically based on domestic firms' allegations - so-called quot;facts availablequot; dumping margins. This paper analyzes a...
Persistent link: https://www.econbiz.de/10012754037
the policy substitution problem. Finally, we employ the theory to analyze the Subsidies and Countervailing Measures (SCM …
Persistent link: https://www.econbiz.de/10013100012
the policy substitution problem. Finally, we employ the theory to analyze the Subsidies and Countervailing Measures (SCM …
Persistent link: https://www.econbiz.de/10013100231
Several major trade agreements in recent years have included a provision that addresses labor standards. Other trade agreements that are now in the discussion stage are considering incorporating labor standards as an integral part of the final agreement. The goals of such agreements are noble -...
Persistent link: https://www.econbiz.de/10014084844
The Appellate Body crisis unveiled the unprecedented challenges which has long plagued the internal structure of the WTO Dispute Settlement System. The purpose of this paper is to make a critical assessment of the foundational issues that resulted to the appellate body crisis, examine the...
Persistent link: https://www.econbiz.de/10014083102
environment that distort the normal practices of a world trading system. The paper provides an empirical overview of anti-dumping … anti-dumping laws to protect their industries from predatory pricing and the high costs of global structural change … despite the expert advice of lawyers and economists to shut it down. Anti-dumping investigations before national tribunals …
Persistent link: https://www.econbiz.de/10013072312
In this paper, I test the theory that weak economic conditions in a foreign economy cause cyclical dumping, i.e., the … temporary sale of products in a trading partner's economy at a price below average total cost. In order to test this theory, the … economic shocks in manufacturing industries, I estimate a joint model of filing decisions by the US industry and antidumping …
Persistent link: https://www.econbiz.de/10014221010
We show that the inclusion of antidumping (AD) and countervailing subsidy (CVD) regulations can increase the range of … of the world. If the preferences of government do not differ by much from those of a welfare maximizing planner, there … World Trade Organization (WTO) injury tests. If the injury tests are weakened, and the level of political pressure is less …
Persistent link: https://www.econbiz.de/10014104608
existing terms-of-trade theory that offers an efficiency foundation for the market-access focus of the GATT rules. On the other …
Persistent link: https://www.econbiz.de/10014023450