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...

The role of international trade was irreplaceable at the start of the COVID-19 pandemic crisis, especially the trade in medical supplies and food for all affected countries. Trade as a part of this crisis, certainly should not be an element of further countries' closing and new trade barriers...

This paper addresses the issue of export licensing procedures in the WTO context. It aims to contribute to the understanding of the existing rules applicable to export licensing in the WTO, and what the development of specific disciplines would mean to international trade. The paper looks at the...