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Articles 31 - 31 of 31
Full-Text Articles in International Economics
Come Together? Producer Welfare, Consumer Welfare, And Wto Rules, Petros C. Mavroidis
Come Together? Producer Welfare, Consumer Welfare, And Wto Rules, Petros C. Mavroidis
Faculty Scholarship
This chapter explains why the dynamic of World Trade Organization (WTO) negotiations tends to lead to the progressive liberalization of market-access barriers promoting consumer welfare. As all agreements tend to be ‘incomplete’, it is a legitimate task of WTO judges to clarify progressively the WTO requirements of nondiscriminatory treatment of like goods and of like services. The additional requirements, in the WTO Agreements on Technical Barriers to Trade and on Sanitary and Phytosanitary Standards, to base restrictive measures on the ‘necessity principle’ and on ‘scientific evidence’, offer useful ‘double checks’ for judicial identification of protectionist measures. While the WTO rules …