Tariff Retaliation versus Financial Compensation in the Enforcement of International Trade Agreements

The authors analyze whether financial compensation is preferable to the current system of dispute settlement in the World Trade Organization that permits member countries to impose retaliatory tariffs in response to trade violations committed by other members. They show that monetary fines are more...

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Bibliographic Details
Main Authors: Limão, Nuno, Saggi, Kamal
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/04/6683376/tariff-retaliation-versus-financial-compensation-enforcement-international-trade-agreements
http://hdl.handle.net/10986/8734

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