Search results for " export restraint"

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Still Going “Grey” After All These Years? Export Restraint Agreements and the WTO

2013

This chapter assesses how the dual strategy that aimed to eliminate "grey area" measures has worked out in practice, also in the light of the protectionist pressures unleashed by the current economic crisis. After providing a brief overview of the historic proliferation of these measures, it discusses whether the attempt to render ordinary safeguard measures a more attractive alternative to voluntary restraint agreements (VRAs) has worked in practice. The chapter analyses some of the intrinsic and extrinsic weaknesses of the ban itself. The chapter reviews some cases of export-restraint agreements arguably falling within the exceptions to the ban enshrined in Art. 11.1.C. This work has exam…

Engineeringbusiness.industryforbidden agreementsWTO safeguards export restraint forbidden agreementsWorld tradeIUS/13 - DIRITTO INTERNAZIONALEInternational tradeInternational lawPrinciple of legalityexport restraintProtectionismWTODual (category theory)Public international lawSafeguardWork (electrical)LawsafeguardSettore IUS/13 - Diritto Internazionalebusiness
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The shadow price of foreign exchange with minimum wages

2001

Abstract This note derives the shadow price of foreign exchange in a small open economy with minimum wage unemployment under tariffs, quotas and voluntary export restraints. The analysis is conducted in a dual general equilibrium framework with many goods and factors.

MacroeconomicsEconomics and EconometricsGeneral equilibrium theoryShadow pricemedia_common.quotation_subjectSmall open economyVoluntary export restraintsDual (category theory)UnemploymentEconomicsForeign exchangeMinimum wageFinancemedia_commonEconomics Letters
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