Escalated Export Taxes and WTO Rules as Trade Institutions: Lessons from Argentina’s Biodiesel Exports

For developing countries, the Uruguay Round had mixed results: some positive, negative, and negotiating areas only made marginal progress. In our view, adoption of WTO rules for administering import barriers on contingent protection (mainly antidumping countervailing measures) entailed a major positive institutional shift away from high degree trade policy arbitrariness that prevailed before. contrast, strong pressures against liberalization agricultural resulted in failure this to establish primary export barriers. Included among these are escalated taxes entail input subsidies. This chapter reviews experience importing countries’ measures sought compensate subsidies biodiesel imports Argentina. The end result is empty has been implementation arbitrary policies taken by both exporting countries. We conclude much same way reduced used characterize import-substitution policies, multilateral would imply further change benefit