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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
Free zones have become increasingly popular as trade promotion policy instruments in developing countries. This article explains how the obligations in the WTO Agreement on Subsidies and Countervailing Measures apply to free zones. An analysis of the most common requirements for companies...
Persistent link: https://www.econbiz.de/10013109226
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
This paper examines the rationale for the rules on domestic subsidies in international trade agreements through a framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its disposal, taxation can be distortionary and the...
Persistent link: https://www.econbiz.de/10009622339
This paper examines the rationale for the rules on domestic subsidies in international trade agreements through a framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its disposal, taxation can be distortionary and the...
Persistent link: https://www.econbiz.de/10009630111
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
Various groups have been demanding that discussions of labor standards be included in all future trade negotiations. The press is full of stories of alleged exploitation of child labor and other employment abuses in developing countries and human rights groups have demanded that something be...
Persistent link: https://www.econbiz.de/10014084846
exceptions to GATT, technical barriers to trade, safeguard measures, subsidies and countervailing measures, antidumping measures …
Persistent link: https://www.econbiz.de/10014023445
This paper investigates the domestic government's antidumping duty choice in an asymmetric information framework where … penalty duties. We show that the antidumping framework within GATT/WTO may not only offer the means to pursue strategic trade … optimal strategic trade policy. -- Antidumping duties ; asymmetric information ; trade protection ; strategic trade policy …
Persistent link: https://www.econbiz.de/10003807867
The WTO has increased international disciplines on export policy, but there is still scope for the use of export subsidies and other measures to promote exports. Under macroeconomic and trade reforms of the last decade, many countries have reduced or eliminated import measures which operate as...
Persistent link: https://www.econbiz.de/10010227589