Potential Implications of a Special Safeguard Mechanism in the World Trade Organization : The Case of Wheat

Potential Implications of a Special Safeguard Mechanism in the World Trade Organization : The Case of Wheat

The special safeguard mechanism—both quantity- and price-based—was key in the July 2008 failure to reach agreement in the World Trade Organization negotiations under the Doha Development Agenda. A stochastic simulation model of the world wheat market is used to investigate the effects of the special...

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Bibliographic Details
Main Authors:	Hertel, Thomas W., Martin, Will, Leister, Amanda M.
Format:	Journal Article
Published:	World Bank 2012
Subjects:	average price commodity prices competitiveness domestic market international markets market price market volatility price adjustment price changes price variations price volatility producer price producer prices sale substitution supplier suppliers supply curve world market world markets
Online Access:	http://hdl.handle.net/10986/4524

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