Eliminating Trade Remedies from the WTO: Lessons from Regional Trade Agreements

International & Comparative Law Quarterly, Vol. 59, No. 3, pp. 625-667, 2010

Georgetown Law and Economics Research Paper No. 1504030

40 Pages Posted: 14 Nov 2009 Last revised: 5 Aug 2010

See all articles by Tania Voon

Tania Voon

University of Melbourne - Law School

Date Written: February 17, 2010

Abstract

As the global financial crisis threatens to manifest in enhanced protectionism, the economic irrationality of dumping, countervailing, and global safeguard measures (so-called ‘trade remedies’) should be of increased concern to the Members of the World Trade Organization (‘WTO’). Long tolerated under the WTO agreements and perhaps a necessary evil to facilitate multilateral trade liberalisation, elimination of trade remedies is far from the agenda of WTO negotiators. However, a small number of regional trade agreements offer a model for reducing the use of trade remedies among WTO Members in the longer term, consistent with WTO rules and broader public international law.

Keywords: World Trade Organization, regional trade agreements, trade remedies, anti-dumping, countervailing measures, safeguards

JEL Classification: F02, F13, F33

Suggested Citation

Voon, Tania, Eliminating Trade Remedies from the WTO: Lessons from Regional Trade Agreements (February 17, 2010). International & Comparative Law Quarterly, Vol. 59, No. 3, pp. 625-667, 2010; Georgetown Law and Economics Research Paper No. 1504030. Available at SSRN: https://ssrn.com/abstract=1504030 or http://dx.doi.org/10.2139/ssrn.1504030

Tania Voon (Contact Author)

University of Melbourne - Law School ( email )

University Square
185 Pelham Street, Carlton
Victoria, Victoria 3010
Australia

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