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Market access is the most important liberalizing principle in the General Agreement on Trade in Services (GATS). It entails a general prohibition of quantitative restrictions, which however is conditional on commitments undertaken by Members in their respective Schedules of Commitments. Case-law...
Persistent link: https://www.econbiz.de/10014081977
Since 1947 when the general agreement on tariff and Trade (GATT), a process initiated simple rules to govern the liberalisation of trade. The GATT from 1947 to 1994 has had eight rounds of negotiation, bringing mainly the commercial trade among the developed countries. More the five decades of...
Persistent link: https://www.econbiz.de/10013307508
We study the endogenous formation of climate coalitions linked to a preferential free trade arrangement. In a multi-stage strategic trade and participation game, coalition and fringe countries dispose of a discriminatory tariff on dirty imports as well as emission permits imposed on domestic...
Persistent link: https://www.econbiz.de/10013435665
This article discusses whether the current proliferation of preferential trade agreements - the so-called competitive liberalization - encourages evolution toward multilateral free trade. It argues that countries pursuing preferential trade initiatives are in pursuit of the economic rents...
Persistent link: https://www.econbiz.de/10014085327
The aims of this study are to assess the relationship between tariff barriers and world trade growth from a comparative … multilateral trading system for promoting world trade. The novelty of this work is the complex reconstruction of a historical … tariffs and trade series for the period 1870–2000, for 23 countries; this constitutes a good proxy for world trade (accounting …
Persistent link: https://www.econbiz.de/10013111098
The WTO dispute resolution system is widely used and is a litigation-oriented process. It is at the core of global trade relations today. Both the United States and China have been aggressive users of it. Each country has shown a willingness to address contentious issues. This has been to the...
Persistent link: https://www.econbiz.de/10014154891
Trade and transport facilitation are vital for increasing countries' international trade and it is important to ensure that the measures implemented to facilitate trade are effective. One of the crucial factors behind the successful implementation of trade and transport facilitation is ensuring...
Persistent link: https://www.econbiz.de/10011443627
questions by presenting: i) a world map of trade clusters involving WTO countries and CIBS; ii) a comparison of the above …
Persistent link: https://www.econbiz.de/10013066720
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011773529
In Philippines - Distilled Spirits, the Appellate Body of the WTO reaffirmed that the determination of 'likeness' in the GATT should be about the competitive relationship between products. A coherent methodology for the determination of 'likeness' has finally begun to emerge, with the same...
Persistent link: https://www.econbiz.de/10012856498