GATT-Think with Asymmetric Countries

Developing Countries and the GATT/WTO

Developing countries, by definition, are countries that are less advanced or matured in major areas such as technology and defence, and also have a low Human Development Index, which measures life expectancy, income and the quality of education. The General Agreement on Tariffs and Trade (GATT), which came into effect in January 1948 and transformed into the World Trade Organisation (WTO) in Ja...

The Gatt , Agriculture , and the Developing Countries

Dispute Settlement in Gatt

This Article describes briefly the way in which the system now operates and the major complaints that have been lodged against it. DISPUTE SETTLEMENT IN GATT

International Tax Leadership Among Asymmetric Countries

Multinational companies can shift profit and income between branches in order to reduce the overall tax liabilities of the company. The result is a tax competition between countries. In this paper we consider the sequential choice of tax rates to illustrate the potential effects of tax leadership. We use a profit shifting model with multinational firms that operate in two countries, large and s...

Capital Income Taxation of Asymmetric Countries

The paper analyzes the effects of a source-based capital income tax on production and market structures, trade and capital flows as well as national and global welfare. The analysis is carried by means of a general equilibrium model of trade which incorporates international capital flows as well as the existence of multinational enterprises. The focus of the paper is on identifying the influenc...