《ch07-Trade regulations and Industrial Policies》.ppt

Salvatore: International Economics, 10th Edition ? 2009 John Wiley Sons, Inc. Salvatore: International Economics, 10th Edition ? 2009 John Wiley Sons, Inc. Salvatore: International Economics, 10th Edition ? 2009 John Wiley Sons, Inc. Salvatore: International Economics, 10th Edition ? 2009 John Wiley Sons, Inc. Salvatore: International Economics, 10th Edition ? 2009 John Wiley Sons, Inc. International Economics Trade Regulations and Industrial Policies CHAPTER SEVEN 7 U.S China 2012 /n?cmd=2class=toppage=/gundong/201205/509543261.shtmlclk=rrelcls=topwhere=toppage In this chapter: 7.1. Introduction 7.2. GATT and WTO 7.3. Trade Promotion Authority 7.4. Countervailing Duties 7.5. Protection of Intellectual Property Rights 7.6. Industrial Policies 7.7. Strategic Trade Policy 7.8. Economic Sanctions 7.1. Introduction 7.2. GATT -- WTO GATT Functions Nondiscrimination principles (非歧视性原则） Normal trade relations （正常贸易关系） -- all member nations are bound to grant to each other treatment as favorable as they give to any nation with regard to trade matters. National treatment （国民待遇） -- member nations must treat other nations’ industries no less favorably than they do their own domestic industries. -- Do not getting each party to participate rather than sit back and let others do the liberalizing, thus free-riding on their efforts. About “Trade Disputes” GATT trade disputes consisted of matters strictly between the disputants, no third party join to remedy it. GATT’s dispute-settlement process, however, did not include the authority to enforce the conciliation panel’s recommendations. GATT obligated its members to use tariffs rather than quotas to protect their domestic industry. Negotiations Process WTO WTO is a full-fledged international organization, but GATT was a provisional treaty serviced by hoc secretariat; WTO administers a unified package of agreements to which all members are committed; WTO is a watchdog of international