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The Economics of the World Trading System

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Insightful analysis of global trade dynamics.

If you're intrigued by what shapes the world's markets and the flow of goods across borders, "The Economics of the World Trading System" is a worthy read. It dives into the complexities of trade with clarity and scholarly insight, revealing how international agreements and institutions such as the WTO impact our daily lives and the global economy. The analytical approach makes it an indispensable resource for anyone interested in understanding the real forces behind the news headlines.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
New

The Economics of the World Trading System

Regular price RM100.55 MYR
Unit price
per
ISBN: 9780262524346
Publisher: MIT Press
Date of Publication: 2004-08-20
Format: Paperback
Related Collections: Politics, Economics, Sociology
Goodreads rating: 4.0
(rated by 4 readers)

Description

World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book, Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favored nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labor and environmental standards, competition policy, and agricultural export subsidies.
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Similar Reads

Insightful analysis of global trade dynamics.

If you're intrigued by what shapes the world's markets and the flow of goods across borders, "The Economics of the World Trading System" is a worthy read. It dives into the complexities of trade with clarity and scholarly insight, revealing how international agreements and institutions such as the WTO impact our daily lives and the global economy. The analytical approach makes it an indispensable resource for anyone interested in understanding the real forces behind the news headlines.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.