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Optimal Regulation and the Law of International Trade - The Interface between the Right to Regulate and WTO Law (Hardcover)
Loot Price: R2,695
Discovery Miles 26 950
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Optimal Regulation and the Law of International Trade - The Interface between the Right to Regulate and WTO Law (Hardcover)
Series: Cambridge International Trade and Economic Law
Expected to ship within 12 - 17 working days
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Are the limitations imposed on World Trade Organization (WTO)
members' right to regulate efficient? This is a question that is
only scarcely, if ever, analysed in existing literature. Boris
Rigod aims to provide an answer to this fundamental concern. Using
the tools of economic analysis and in particular the concept of
economic efficiency as a benchmark, the author states that domestic
regulatory measures should only be subject to scrutiny by WTO
bodies when they cause negative international externalities through
terms of trade manipulations. He then suggests that WTO law,
applied by the WTO judiciary can prevent WTO members from attaining
optimal levels of regulation. By applying a law and economics
methodology, Rigod provides an innovative solution to the problem
of how to reconcile members' regulatory autonomy and WTO rules as
well as offering a novel analytical framework for assessing
domestic regulations in the light of WTO law.
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