Chapter 14 Trade Agreements and Dispute Settlement in the WTO System
Wilfred J. Ethier
A chapter in Trade Disputes and the Dispute Settlement Understanding of the WTO: An Interdisciplinary Assessment, 2009, pp 349-367 from Emerald Group Publishing Limited
Abstract:
This paper develops a theory, consistent with empirical evidence, of trade agreements as the exchange of market access. The WTO dispute settlement process is discussed in this context. The role of that process is neither to deter nor to punish violations of trade agreements, but to maintain reciprocity.
Keywords: Exchange of market access; reciprocal conflict; substantially equivalent withdrawal of concessions; commensurate punishment (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eme:fegzzz:s1574-8715(2009)0000006017
DOI: 10.1108/S1574-8715(2009)0000006017
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