On 30 June 1998, the EC requested consultations with the US in respect of the alleged imposition of countervailing duties on certain hot-rolled lead and bismuth carbon steel (leaded bars) from the UK. The EC asserted that the US imposed countervailing duties of 1.69 per cent on United...

On 30 June 1998, the EC requested consultations with the US in respect of the alleged imposition of countervailing duties on certain hot-rolled lead and bismuth carbon steel (leaded bars) from the UK. The EC asserted that the US imposed countervailing duties of 1.69 per cent on United...

The gains from trade depend on the reallocation of resources, including labour, across firms and sectors. However, workers are unlikely to be fully mobile since there are barriers to sectoral and geographical mobility due to social reasons such as family or existing private and professional...