This article focuses especially on the positions that the developing countries should take in their own interests on the issues of manufactures liberalization and administered protection. A series of recommendations are set forth with supporting argument: (1-2) for market access, both developed...

Overview of the Special Issue prepared under the direction of Guest Editor Robert Stern.Robert M. Stern, the Guest Editor of this special issue of the Global Economy Journal, is Professor of Economics and Public Policy (Emeritus) in the Department of Economics and Gerald R. Ford School of Public...

The question addressed in this article is how the fairness of the global trading system as embodied in the GATT/WTO is to be assessed. Opinions about what constitutes fairness differ widely, and there is surely no incontrovertible yardstick. But it should be possible to be clearer about the...

The Michigan Computable General Equilibrium (CGE) Model of World Production and Trade is used to calculate the aggregate welfare and sectoral employment effects of the menu of U.S. trade policies. The menu of policies encompasses the various preferential U.S. bilateral and regional free trade...