Trade Disputes in Practice

Chang, Winston W.

Trade Disputes in Practice

Vignana Jyothi Journal of Management, Vol. 1, No. 1, pp. 33-45, 2009

Posted: 10 Jan 2011

See all articles by Winston W. Chang

Winston W. Chang

University at Buffalo - Department of Economics

Date Written: 2009

Abstract

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

Chang, Winston W., Trade Disputes in Practice (2009). Vignana Jyothi Journal of Management, Vol. 1, No. 1, pp. 33-45, 2009, Available at SSRN: https://ssrn.com/abstract=1736733