It is generally assumed that trade retaliation under the WTO performs some kind of `rebalancing` by allowing the injured Member to suspend `concessions and obligations` vis-agrave;-vis the violating Member of a level equivalent to the level of `nullification and impairment` suffered by the...

It is hard to think of a better topic for multi-disciplinary study than trade retaliation in the WTO. When a country violates WTO rules, the remedy of last resort is bilateral, state-to-state trade sanctions. Such trade sanctions are imposed against the violating country by one or more other WTO...