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Trade (GATT), global trade rules traditionally focus on "shallow integration"—with an emphasis on reducing tariffs and trade … understanding the success of GATT in the twentieth century. And according to this understanding, Staiger concludes, the logic of … GATT's design transcends many, if not all, of the current challenges faced by the WTO. With its penetrating view of the …
Persistent link: https://www.econbiz.de/10014458121
We study the endogenous network formation of bilateral and multilateral trade agreements by means of hypergraphs and introduce the equilibrium concept of multilateral stability. We consider multi-country settings with a firm in each country that produces a homogeneous good and competes as a...
Persistent link: https://www.econbiz.de/10010427654
The World Customs Organization (WCO, Organization Mondiale des Dounaes, OMD) is an intergovernmental organisation that was founded as European Customs Co-Operation Council in 1952 in Brussels/Belgium. It governs all Customs co-operation matters from tariff nomenclature, over universal Customs...
Persistent link: https://www.econbiz.de/10011786875
the multilateral approach is at least partly because the GATT departed from the strictly unconditional definition of the …
Persistent link: https://www.econbiz.de/10010311030
the multilateral approach is at least partly because the GATT departed from the strictly unconditional definition of the …
Persistent link: https://www.econbiz.de/10010311845
The Generalized System of Preferences (GSP) was established to promote the exports of low-income countries to industrialized countries in order to support their economic growth and development. However, the design of these schemes is rather complex and the effects of GSP have been found to be...
Persistent link: https://www.econbiz.de/10010313072
empirical analysis supports the main predictions of the theoretical model. We find that the GATT/WTO agreement had a significant …
Persistent link: https://www.econbiz.de/10010313236
The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on the span between the start of trade talks and their...
Persistent link: https://www.econbiz.de/10010319735
We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may be incomplete. Inspite of its simplicity, the model yields rich predictions on the structure of the optimal trade agreement and how this depends on the fundamentals of the...
Persistent link: https://www.econbiz.de/10010320067
The National Treatment clause (NT) is the first-line defense in the GATT (and in most other trade agreements) against … internal taxation under the GATT. It is shown that despite severely restricting the freedom to set internal taxes, NT may …
Persistent link: https://www.econbiz.de/10010320171