EconPapers    
Economics at your fingertips  
 

Argentina — Import Measures: How a Porsche is worth Peanuts

Paola Conconi () and Harm Schepel

No 2016/67, RSCAS Working Papers from European University Institute

Abstract: The dispute Argentina-Measures Affecting the Importation of Goods concerns a series of measures imposed by Argentine authorities on economic operators as a condition for obtaining import licenses. These measures were introduced with the goal of advancing the Argentine government’s stated policies of re-industrialization, import substitution, and elimination of trade balance deficits. From a legal point of view, the least interesting feature of the dispute was the substantive compatibility of these measures with Article XI:1 GATT as they clearly constituted import restrictions. Identifying and classifying the measures involved, however, proved more challenging: based on vague policy guidelines, devoid of any legal basis, and consisting largely of wholly discretionary ad hoc action by the authorities, clouded in confidential obscurity, the measures escaped familiar categories and distinctions of WTO law. From an economic perspective, although Argentina’s measures appear to have had no impact on its overall imports, they imposed large costs on foreign companies, as well as on Argentine importers and consumers.

Keywords: import restrictions; trade balance. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2016-11
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://cadmus.eui.eu/bitstream/handle/1814/44225/R ... quence=1&isAllowed=y (application/pdf)
http://hdl.handle.net/1814/44225 (text/html)

Related works:
Journal Article: Argentina–Import Measures: How a Porsche is worth Peanuts (2017) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rsc:rsceui:2016/67

Access Statistics for this paper

More papers in RSCAS Working Papers from European University Institute Convento, Via delle Fontanelle, 19, 50014 San Domenico di Fiesole (FI) Italy. Contact information at EDIRC.
Bibliographic data for series maintained by RSCAS web unit ().

 
Page updated 2019-04-18
Handle: RePEc:rsc:rsceui:2016/67