Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO. The instruments used include export taxes, price...

Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO. The instruments used include export taxes, price...

Natural resources account for 20 per cent of global merchandise trade, and have a number of distinctive features. Prices are volatile; resources dominate many countries’ exports, and are of vital importance for importers. They carry large rents, the distribution of which depends on world...

Los recursos naturales representan el 20 porciento del comercio global de mercancías y poseen varias características distintivas. Tienen precios volátiles, dominan las exportaciones de muchos países y revisten vital importancia para los importadores. Generan grandes rentas cuya distribución...

Los recursos naturales representan el 20 porciento del comercio global de mercancías y poseen varias características distintivas. Tienen precios volátiles, dominan las exportaciones de muchos países y revisten vital importancia para los importadores. Generan grandes rentas cuya distribución...

Natural resources account for 20 per cent of global merchandise trade, and have a number of distinctive features. Prices are volatile; resources dominate many countries’ exports, and are of vital importance for importers. They carry large rents, the distribution of which depends on world...