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Challenging Chinese Currency Manipulation As A Subsidy Under The Wto Subsidies And Countervailing Measures Agreement, Elizabeth L. Pettis
Challenging Chinese Currency Manipulation As A Subsidy Under The Wto Subsidies And Countervailing Measures Agreement, Elizabeth L. Pettis
Elizabeth L Pettis
This paper examines the US option of challenging China’s currency manipulation under the Subsidies and Countervailing Measures Agreement (SCM Agreement). It will assess the relative strengths and weakness of this option and will conclude by recommending a course of action that may not quickly resolve the problem but will clarify the law on this issue or will clearly identify the form of currency manipulation utilize by China as an issue that must be resolved by agreement among the G-20 and/or the member states of the WTO.