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List of contributors viii

List of abbreviations xii

Preface xvii

1. Introduction to trade policy 1

William A. Kerr

PART I EVOLUTION AND ECONOMIC CONTEXT

2. Theory and practice in the conduct of trade policy 11

Sidney Weintraub

3. History of economic thought on trade policy 19

Andrea Maneschi

4. Modern history of trade policy 29

William M. Miner

5. Modeling approaches to the analysis of trade policy: computable general equilibrium and gravity models 44

Olena Ivus and Aaron Strong

PART II TRADE AGREEMENTS

6. Why are there trade agreements? 57

James Gaisford and Annette Hester

7. Overview of trade agreements: the multilateral system 71

Tim Josling

8. Overview of trade agreements: regional trade agreements 82

Nicholas Perdikis

9. The breadth of integration arising from trade agreements 94

Peter W.B. Phillips

10. Trade agreements: depth of integration 106

Nicholas Perdikis

11. Trade creation and trade diversion: analyzing the impact of regional trade agreements 120

Lindsay Kendall and James Gaisford

12. Rules of origin and tariff circumvention 131

Sarah Lang and James Gaisford

13. Economies of scale, imperfect competition and market size 141

Michael Benarroch

14. Trade in services 150

Eugene Beaulieu

15. Trade-related intellectual property rights, trade flows and national welfare 163

Olena Ivus

PART III TRADE POLICY INSTRUMENTS

16. Trade distortion: border measures versus domestic support 177

James Gaisford

17. Tariffs: national welfare and distributional issues 187

Jean-Philippe Gervais and Bruno Larue

18. Trade and domestic policy: conduct and modeling 201

John Whalley

19. Tariffication: theoretical justification and problems of implementation 215

Laura J. Loppacher and William A. Kerr

20. Tariff spikes and tariff escalation 222

Andre M. Nassar, Zuleika Arashiro and Marcos S. Tank

21. Export taxes: how they work and why they are used 237

Ryan Scholefield and James Gaisford

22. Import quotas and voluntary export restraints 248

Stefan Lutz

23. Tariff rate quotas 258

David Skully

24. Quota administration 267

David Skully

25. Capitalization of trade policy benefits 276

William A. Kerr

26. Direct and indirect export subsidies 282

James Rude

27. Production subsidies 292

Karl D. Meilke and John Cranfield

28. Strategic export subsidies 302

Stefan Lutz

29. Government procurement 311

Linda M. Young

30. State trading agencies 320

Bruno Larue and Jean-Philippe Gervais

31. Administrative measures: restraining bureaucracy from inhibiting trade 330

William A. Kerr

PART IV CONTINGENCY AND SAFEGUARD MEASURES

32. Antidumping: theory and practice, rationales and calculation methods 339

Carol Chui-Ha Lau

33. Unfair subsidies and countervailing duties 347

Katherine Baylis

34. Administrative procedures, the distribution of costs and benefits, and incentives in anti-dumping cases 360

Richard Barichello

35. Safeguard measures and impediments to labour mobility 368

Lawrence Leger and James Gaisford

PART V COORDINATING TRADE POLICY WITH DOMESTIC POLICY

36. Sanitary and phytosanitary issues 383

Grant E. Isaac

37. Technical barriers to trade 394

Jill E. Hobbs

38. Ethical issues in trade 404

Grant E. Isaac

39. Trade and the environment: what do we know? 414

Brian R. Copeland

40. Trade agreements and Multilateral Environmental Agreements 427

Ken Belcher

PART VI TRADE POLICY AND DEVELOPMENT

41. Import substitution industrialization 441

James B. Gerber

42. Export promotion policies 450

James B. Gerber

43. The generalized system of preferences and special and differential treatment for developing countries in the GATT and WTO 457

Robert Read

44. International commodity agreements 470

Christopher L. Gilbert

45. International trade and wages 482

Eugene Beaulieu

PART VII TRADE POLICY: ENFORCEMENT AND COERCION

46. Dispute settlement, compensation and retaliation under the WTO 497

Robert Read

47. Economic sanctions for foreign policy purposes: a survey of the twentieth century 509

Gary Hufbauer and Barbara Oegg

48. Trade related aspects of intellectual property: enforcement issues 520

William A. Kerr

Index 527

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Kerr (economics, U. of Saskatchewan, Canada) and Gaisford (economics, U. of Calgary, Canada) present 48 chapters intended to collectively provide an overarching understanding of the economic study of international trade policy. Following introductory materials, chapters discuss types of trade agreements and their rules. The various types of trade policy agreements are then explained. Next comes a series of chapters on contingency and safeguard measures such as anti-dumping and countervailing duties. The coordination of trade policy with domestic policy is then discussed in regards to sanitary, ethical, environmental, and other issues. Connections between trade policy and development is considered in papers exploring import substitution industrialization, export promotion policies, international commodity agreements, and international trade and wages, among other issues. Finally, enforcement and coercion is dealt with in papers discussing dispute settlement under the World Trade Organization, economic sanctions for foreign policy purposes, and trade related aspects of intellectual property. Annotation ⓒ2007 Book News, Inc., Portland, OR (booknews.com)

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