Trade Disputes in Practice
Vignana Jyothi Journal of Management, Vol. 1, No. 1, pp. 33-45, 2009
Posted: 10 Jan 2011
Date Written: 2009
This paper discusses WTO's trade dispute settlement procedure. It also discusses NAFTA's unique dispute settlement system that subjects antidumping and countervailing duty determinations to binational panel reviews instead of the more conventional judicial reviews. The paper then studies seven notable trade dispute cases. It analyzes the key sources of these disputes, some from conflicts between national laws and the WTO rules, some from special interest groups' actions, and some from special treatments for the less-developing countries. The paper cautions that the WTO rulings are often met with delayed implementation or non-implementation on one pretext or another, particularly by the majors. This could undermine the future effectiveness of the WTO.
Keywords: , CVD, GATT, WTO, NAFTA, and Trade Disputes
JEL Classification: F50, F51, F53
Suggested Citation: Suggested Citation