This article applies the behavioral economics theory of Omission Bias to the Agreement on Subsidies and Countervailing Measures (ASCM) of the World Trade Organization (WTO), assessing whether WTO and Appellate Body's assessment of “foregone revenue” as illegal subsidies indicate a bias...

Discusses the extent to which the Fair Trade City program in the UK in which municipal governments commit to purchase fair trade marked goods to the exclusion of other products may violate the WTO's Agreement on Subsidies and Countervailing Measures by according advantage to foreign suppliers...