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global economy will be enhanced by implementing trade provisions along with domestic environmental regulations. …
Persistent link: https://www.econbiz.de/10005672031
At least since 1750 when Baron de Montesquieu declared peace is the natural effect of trade, a number of economists and … political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to produce one …. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then …
Persistent link: https://www.econbiz.de/10010267818
policy. The setting is that of a small open economy in which incomes depend importantly on trade in dirty goods, where income … interacts with the pollution costs and income benefits of trade in dirty goods to further polarize interests concerning both … environmental stringency and the regulation of trade openness. In this context, we show how the eco-friendliness ranking of …
Persistent link: https://www.econbiz.de/10010274898
At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists … and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to …. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then …
Persistent link: https://www.econbiz.de/10005233897
that affect conflict, including measures of trade and democracy. …
Persistent link: https://www.econbiz.de/10005061475
Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to … most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains … explaining why countries choose to settle and enforce their trade disputes with the help of an impartial third party, a “trade …
Persistent link: https://www.econbiz.de/10010326684
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …
Persistent link: https://www.econbiz.de/10010326795
before the World Trade Organization (WTO), and has generally been found to be inconsistent with the WTO obligations of the …
Persistent link: https://www.econbiz.de/10012056310
Persistent link: https://www.econbiz.de/10011930205
A Transatlantic Free Trade Area (TAFTA) has been proposed in the mid-1990s to revitalize the economic and political … trade area for its members with respect to trade in goods and services and investment flows. It then looks at potential … effects for third countries, and discusses how TAFTA fits into the WTO institutional rule system for the world economy and how …
Persistent link: https://www.econbiz.de/10010273144