Tariff Retaliation versus Financial Compensation in the Enforcement of International Trade Agreements

Tariff Retaliation versus Financial Compensation in the Enforcement of International Trade Agreements

The authors analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in response to trade violations committed by other members. They show that monetary fines are more...

Full description

Bibliographic Details
Main Authors: Limão, Nuno, Saggi, Kamal
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ANTITRUST ENFORCEMENT
BALANCE OF CONCESSIONS
BENCHMARK
BILATERAL TRADE
BILATERAL TRADE AGREEMENT
BONDS
CENTRAL AMERICAN
COLLECTIVE ACTION
CONCESSIONS
CONSUMER
CONSUMER SURPLUS
DEMAND ELASTICITY
DISCOUNTED VALUE
DISPUTE SETTLEMENT
DISPUTE SETTLEMENT PROCEDURES
DISPUTE SETTLEMENT SYSTEM
ENFORCEMENT MECHANISM
ENFORCEMENT MECHANISMS
EQUILIBRIUM
ESCROW
EXCESS DEMAND
EXPORT
EXPORT CARTELS
EXPORT SUPPLY
EXPORTERS
EXPORTS
EXTERNALITIES
FOREIGN COUNTRY
FORMAL ANALYSIS
FREE RIDER
FREE RIDER PROBLEM
HOME COUNTRY
IMPORT PRICES
IMPORT TARIFF
INCENTIVE CONSTRAINT
INCENTIVE CONSTRAINTS
INCOME
INEFFICIENCY
INTELLECTUAL PROPERTY
INTERNATIONAL AGREEMENT
INTERNATIONAL AGREEMENTS
INTERNATIONAL LAW
INTERNATIONAL SPILLOVERS
INTERNATIONAL TRADE
LEGAL SCHOLARS
LESS DEVELOPED COUNTRIES
LIABILITY
LOW TARIFFS
MARKET CLEARING
MARKET SHARE
MEMBER COUNTRIES
OPPORTUNITY COST
OPTIMAL TARIFF
OPTIMAL TARIFFS
POLITICAL ECONOMY
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PROOF OF PROPOSITION
PROVISIONS
PUBLIC GOOD
RECIPROCITY
REMEDIES
RENEGOTIATION
ROYALTIES
TARIFF CONCESSION
TARIFF CONCESSIONS
TARIFF REDUCTION
TARIFF REDUCTIONS
TAX
TAX REVENUE
TERMS OF TRADE
THIRD PARTIES
THIRD PARTY
TOTAL VALUE
TRADE AGREEMENT
TRADE AGREEMENTS
TRADE BARRIERS
TRADE CONCESSIONS
TRADE DISPUTE
TRADE DISPUTES
TRADE EFFECT
TRADE NEGOTIATIONS
TRADE PARTNER
TRADE POLICY
TRADING PARTNER
TRADING SYSTEM
URUGUAY ROUND
UTILITY FUNCTION
WORLD PRICE
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Online Access:http://documents.worldbank.org/curated/en/2006/04/6683376/tariff-retaliation-versus-financial-compensation-enforcement-international-trade-agreements
http://hdl.handle.net/10986/8734

Internet

http://documents.worldbank.org/curated/en/2006/04/6683376/tariff-retaliation-versus-financial-compensation-enforcement-international-trade-agreements
http://hdl.handle.net/10986/8734

Similar Items