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Quantifying the Impact of Technical Barriers to Trade - Can it be Done? (Hardcover)
Loot Price: R2,244
Discovery Miles 22 440
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Quantifying the Impact of Technical Barriers to Trade - Can it be Done? (Hardcover)
Series: Studies in International Economics
Expected to ship within 12 - 17 working days
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This book provides an up-to-date discussion of economic issues
involved in analyzing regulations of product quality and
performance in international trade. Among the issues addressed in
this collection are restrictions on genetically modified foods and
pesticide use and compatibility standards for computers. While such
regulations may serve important goals, they may also interfere with
international trade flow by raising the costs of compliance. This
is of special concern to developing countries, which have found it
difficult to meet the increasingly exacting regulations imposed by
the United States and Europe.
Keith E. Maskus and John S. Wilson gather prominent international
trade specialists to ask whether the impacts of such regulations
may be quantified systematically in order to inform the
international policy debate. The essays included here cover all
fronts of the debate over regulatory issues and trade conflicts.
The discussion ranges from a review of how trade conflicts emerge
and how they are managed by the international trading system to a
technical analysis of the potential impact of European restraints
on trade in genetically modified products to an examination of
methods for estimating the costs of compliance with environmental
regulations. Considerable attention is paid to whether the
emergence and enforcement of stronger standards among developed
economies could result in diminished trade opportunities for
developing countries. At the same time, the possibility that
standards could expand market access through resolving consumer
information problems is analyzed.
This book will appeal to international economists, international
relations specialists, andindividuals concerned about appropriate
regulation of safety and health issues in the global economy.
Keith E. Maskus is Professor of Economics, University of Colorado,
Boulder. John S. Wilson is Lead Economist, Development Economics
Research Group, The World Bank.
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