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The recent WTO cotton ruling has led to a paradoxical result for the United States, a result that seems a textbook illustration of the "law of unintended consequences". Indeed, during the Uruguay Round negotiations of the present WTO agreements, the United States refused to put agricultural...
Persistent link: https://www.econbiz.de/10005477168
Recently, the WTO Panel in charge of the softwood lumber case brought by Canada against the United States ruled in favor of Canada. The “benefit conferred” criterion played a critical role in the ruling, which concluded that the United States used a flawed cross-border methodology to...
Persistent link: https://www.econbiz.de/10005041606