Should the United States use retaliatory threats to open foreign markets or deter unfair trading practices? This study reexamines the arguments for and against reciprocity and retaliatory threats in light of actual experience since early 1975, especially the United States' aggressive use of the section 301, special 301, and super 301 provisions of US trade law, which gives the president broad authority to retaliate against "unjustifiable, unreasonable, or discriminatory" foreign trade practices. It analyzes the advantages and disadvantages of these policies and the circumstances under which they are likely to succeed or fail.

The central point of this book concerns three main issues: the problems of WTO retaliation, the question of the effectiveness of retaliation, and the purposes of retaliation. WTO retaliation is often deemed ineffective due to its inherited shortcomings. This book highlights the significance in identifying the purposes of retaliation prior to evaluating its effectiveness. Put differently, it refers to the purpose-based approach of effectiveness. It is a common understanding that the purpose of WTO retaliation is to induce compliance. This book, nevertheless, argues in favour of coexistence of the multiple purposes of retaliation, including reaching a mutually agreeable solution. These views are based on the extensive research conducted on the purposes of WTO retaliation, namely through interpreting Article 22 of the DSU; examining the remedies rules within the frameworks of public international law, and law and economics; and assessing the academic writings/debates as well as the statements of arbitrators. Finally, by evaluating a number of disputes involving WTO retaliation, this book demonstrates the reasonableness and soundness of WTO retaliation in light of its multiple purposes.

This report analyzes IndonesiaOs participation in and contribution to global value chains (GVCs) during 2000D2017 as the largest economy in the Association of Southeast Asian Nations. The evolving role of Indonesia in GVCs and its exports have impacts on economic performance. However, in a highly globalized environment, the fragmentation of production processes across geographical borders calls for a reevaluation of countriesO contributions to global production. The report draws on recent empirical and theoretical frameworks in GVC analysis and multiregional inputDoutput tables compiled by the Asian Development Bank.

This publication explores how Nepal could boost its exports by addressing nontariff barriers to trade. It focuses on sanitary and phytosanitary measures and technical barriers to trade, and identifies export products that have potential for an increased market share in Bangladesh, Bhutan, India, Maldives, and Sri Lanka. It also examines the regulatory environment and demonstrates the need to upgrade quality standards and laboratory equipment, and strengthen accrediting and assessment bodies. The publication recommends how the public and private sectors can overcome these barriers.

CAREC's new trade strategy leverages on the successes of past CAREC trade work built on mutual trust and collective efforts. It is designed to foster deepened regional cooperation and integration. The CAREC Program is a partnership of 11 countries-Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, the People's Republic of China, Tajikistan, Turkmenistan, and Uzbekistan-to promote development and lead to accelerated growth and poverty reduction.

North American Society for Oceanic History John Lyman Book Award in United States Maritime History Passamaquoddy Bay lies between Maine and New Brunswick at the mouth of the St. Croix River. Most of it (including Campobello Island) is within Canada, but the Maine town of Lubec lies at the bay's entrance. Rich in beaver pelts, fish, and timber, the area was a famous smuggling center after the American Revolution. Joshua Smith examines the reasons for smuggling in this area and how three conflicts in early republic history the 1809 Flour War, the War of 1812, and the 1820 Plaster War reveal smuggling's relationship to crime, borderlands, and the transition from mercantilism to capitalism. Smith astutely interprets smuggling as created and provoked by government efforts to maintain and regulate borders. In 1793 British and American negotiators framed a vague new boundary meant to demarcate the lingering British empire in North America (Canada) from the new American Republic. Officials insisted that an abstract line now divided local peoples on either side of Passamaquoddy Bay. Merely by persisting in trade across the newly demarcated national boundary, people violated the new laws. As smugglers, they defied both the British and American efforts to restrict and regulate commerce. Consequently, local resistance and national authorities engaged in a continuous battle for four decades. Smith treats the Passamaquoddy Bay smuggling as more than a local episode of antiquarian interest. Indeed, he crafts a local case study to illuminate a widespread phenomenon in early modern Europe and the Americas. A volume in the series New Perspectives on Maritime History and Nautical Archaeology, edited by James C. Bradford and Gene Allen Smith