International Economic Law and Policy Blog (Page 408)

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Krugman: "Something must be done about China’s currency"

First he explains: The value of China’s currency, unlike, say, the value of the British pound, isn’t determined by supply and demand. Instead, Chinese authorities enforced that target by buying or selling their currency in the foreign exchange market ...And then he complains:U.S. officials have been

Trade in Everything: Cuban Rum to the United States

Maybe some day soon: Cuba is ready to ship 1 million cases of rum to America if Washington eases its 47-year-old embargo, but would hold off exporting its flagship Havana Club brand because of U.S. trademark battles, one of the island's top rum executives said

Is That It For Section 421?

Reuters reports: The United States is pressing China to change policies that overfuel its exports and led to President Barack Obama slapping duties on Chinese-made tires last month, a U.S. trade official said on Thursday. "We have been engaging them in a dialogue in a way to

The FT on Excluding Sri Lanka from GSP Plus

From an FT editorial on the EU's likely decision to exclude Sri Lanka from its GSP Plus trade preference program: Using trade as a strategic tool makes the global trading system hostage to endless political posturing and negotiating games. Governments should grant trade preferences on simple, fair criteria,

ELSA WTO Moot Court - North America Round

The ELSA Moot Court Competition on WTO Law North American Regional RoundMarch 18-20, 2010Faculty of Law, University of Ottawa The ELSA Moot Court Competition on WTO Law is an international moot court competition on WTO dispute settlement organized by the European Law Students Association which includes teams of students

Trade Remedy Trends: Onward and Upward

From Chad Bown, formerly at Brandeis, but now at the World Bank: * Industry demands for these new import barriers continued to increase in the third quarter 2009 above and beyond the sharp increase that began in 2008 with the global spread of the financial crisis. Compared to the same time

Bernanke on Trade Imbalances

In a recent speech on "Asia and the Global Financial Crisis," Fed Chairman Ben Bernanke made this point about trade: Because strong export markets helped Asia recover from that crisis, and because many countries in the region were badly hurt by sharp reversals in capital flows, the crisis

Competitive Trade Liberalization in Action

From the Korea Herald: The Korea-U.S. free-trade agreement should be ratified before tariffs on goods from the European Union get cut in Asia's fourth-largest economy, president of the American business lobby group here said yesterday. "I don't want to see tariffs

EC Considers Removing GSP+ Tariff Preferences for Sri Lanka

From the European Commission: The Commission has completed a thorough investigation into the human rights situation in Sri Lanka and in particular whether Sri Lanka is living up to the commitments it made to respect international human rights standards when it became a beneficiary of the European Union's

Symposium and Web Site on International Investment and ADR

New from Washington and Lee / UNCTAD: Washington and Lee University School of Law and the United Nations Conference on Trade and Development (UNCTAD) cordially invite you to attend the Joint Symposium on International Investment Law and Alternative Dispute Resolution (ADR). The purpose of the Joint Symposium is to explore the