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Economics

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The role of multilateral institutions in international trade cooperation

Article Abstract:

The role of the World Trade Organization (WTO) in the facilitation of international cooperation is analyzed by means of a multicountry model. The potential benefits offered by the WTO in terms of verification of violations of agreements and in the promotion of multilateral trade negotiations were also taken account in the study. The importance of a multilateral approach when bilateral trading relationships are characterized by strong imbalances is suggested by the model.

Evaluation, Economic aspects, International trade, World Trade Organization, Trade negotiations

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Strategic trade policies with endogenous mode of competition

Article Abstract:

Governments may conduct trade interventions in the international market despite lack of information on worldwide oligopoly. The absence of data on market trends may not be necessary in increasing the income of the home country due to the existence of single-rate policies such as the grant of company subsidies. This implies that informational restrictions do not deny the economic rewards due to a country engaged in exportation.

Administration of General Economic Programs, Intnl Economic Policy, Models, Competition (Economics), International aspects, International economic relations, International competition (Commerce), International competition (Economics), Equilibrium (Economics), Oligopolies

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Self-enforcing voting in international organizations

Article Abstract:

A study on the voting methods adopted by international organizations is discussed.

Europe, Product standards, safety, & recalls, Standards, International agencies, International organizations, Voting

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