Trade Remedy Actions by WTO Members – A Cause for Concern or a Reflection of Improved Market Access?

28/08/2014 12:00 - 1324 Views

Terence P. Stewart

Abstract

While each of the trade remedies address a different factual situation (antidumping cases address international price discrimination which causes injury to a domestic industry in an importing country; countervailing duty cases address certain government subsidization practices which result in injury to a domestic industry in an importing country; safeguard cases address a significant increase in imports that are overwhelming a domestic industry in the importing country (but without allegations of dumping or subsidization)), each of the remedies has seen the rise of many developing country users in the last eighteen years. Is this a cause of concern or a positive sign that more WTO members are using the internationally negotiated tools within the WTO to address the occasional import problems that are raised by domestic producers and their workers?

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