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Purpose - This article focuses on whether there is a chance to win a World Trade Organization (WTO) trade dispute at … formal WTO resolution procedures. Design/methodology/approach - The model describes the determinants of the probability of … data includes WTO trade disputes from 1995 to 2014. Findings - The suggested model predicts the result of trade disputes …
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For a global player like the EU, it must adequately respond to US unilateral actions and not give in to threats in order to preserve its credibility. However, it is not in its interest to let trade conflicts escalate and be drawn into trade wars. It is worth noting that through the bilateral...
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