THE US–CHINA TRADE DISPUTE: A MACROPERSPECTIVE

Trade brief on . . . The WTO Dispute Settlement

Trade Dispute Settlement Mechanisms: the WTO Dispute Settlement Understanding in the Wake of the GATT

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Trade, Peace and Democracy: An Analysis of Dyadic Dispute

Trade, Peace and Democracy: An Analysis of Dyadic Dispute 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 commodity rather than employing them inefficiently to produce another is the foundation for c...

Developing Countries and General Agreement on Tariffs and Trade/World Trade Organization Dispute Settlement

It has long been observed that developing countries made scant use of dispute settlement under the General Agreement on Tariffs and Trade (GATT). Less clear are the reasons for this. Most observers insist that the various GATT reforms that were intended to help developing countries failed to insulate them from the “power politics” of the system (Kuruvila, 1997). Not surprisingly, many of these ...

The Effects of Dispute Settlements on the International Trade Agreements: A Continuous Model

Most trade agreements will exhibit two ways of incompleteness: one is that they don’t specify all parties’ behaviors with sufficient details; the other is that they miss the points that all parties’ obligations should be strictly contingent on the situations. The reason is that it’s optimal to have incomplete contracts due to the cost of writing contracts. See Battigalli and Maggi (2002) and Ho...