International Economic Law and Policy Blog (Page 376)

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The Proposal for Two Separate Legal Proceedings for AD/CVD Injury Determinations

Last week I mentioned Senator Specter's proposal to allow AD/CVD injury determinations to be made by federal district courts rather than the ITC. At the time, I said I didn't see any WTO violations in such a proposal. However, having now seen the text of

More Currency Stuff

UNCTAD is not a fan of a floating exchange rate for China: Amidst continued financial crisis, the question of the global trade imbalances is back high on the international agenda. A procession of prominent economists, editorialists and politicians have taken it upon themselves to “remind” the surplus countries, and in

China Currency Times Two

Both the Financial Times and New York Times (hence the post title) have recent articles which refer to the Chinese currency issue. From the FT: True, Washington and Beijing are trading heated accusations over whether China’s continued policy of holding down the renminbi is responsible for global imbalances. But

Trade in Natural Resources: The Bluefin Tuna Ban under the TBT Agreement

In the spirit of the discussion of trade in natural resources that Melaku has been leading, I thought I would do a post on a very technical aspect of the proposed trade ban on bluefin tuna, which may soon be imposed pursuant to the United Nations' Convention on International

Natural resources and non-WTO rules of international law

The discussion is nicely leading to the next question: what other international rules are relevant to trade in natural resources and how do they relate to WTO rules? a. do regional agreements have any specific rules that could be relevant at the multilateral level? b. how about international commodity agreements?

Trade in natural resources: are there any gaps in the rules?

Related to the issues we have been discussing on this Blog: what are the most important gaps in the rules with respect to trade in these sectors? This question already assumes that there are gaps in the rules, which is probably a defensible assumption. Many issues come to mind here,

International Trade in Natural Resources

The WTO Secretariat is currently preparing the World Trade Report 2010. This year's topic is trade in natural resources, covering fuels, mining, fish, and forestry. Further information about the WTR is provided at: http://www.wto.org/english/res_e/publications_e/wtr10_ruta_e.htm. The WTO

How to get rid of a trade deficit/surplus?

The answer is simple: bring in a new set of bean-counters (sometimes from a different country). This is essentially what the MOFCOM of China and DOC of US did in their new “Report on the Statistical Discrepancy of Merchandise Trade Between the United States and China ”, which was issued on

The Great Trade Debate: Fletcher - Reply #3 to Dan Griswold on Free Trade

by Ian Fletcher Dan has again dragged irrelevant issues into this debate; I shall let the reader judge whether I am guilty of Maoism! Dan’s conflation of protectionism with communism and related economic pathologies is telling: free traders of Dan's variety (ideologically-committed libertarians) habitually roll up all

The Great Trade Debate: Griswold - Trade barriers rob from the many to benefit a few special interests

by Daniel Griswold As we wrap up our debate, let me grant Ian’s point that free trade alone is not a magic bullet that by itself delivers prosperity. Economic success also depends on secure property rights, the rule of law, stable money, functioning domestic markets, and moderate levels of