In a rapidly changing global economy, unilateral trade measures are becoming increasingly common. These measures, such as tariffs, quotas, and embargoes, are often used by countries to protect their domestic industries or to pursue political objectives. However, the use of unilateral trade measures is controversial and raises important questions about their legality, legitimacy, and effectiveness.
This book provides a comprehensive and insightful analysis of unilateral trade measures, offering a unique perspective on this complex and evolving issue. Written by a team of leading experts in international trade law and economics, the book examines the legality of unilateral trade measures under the World Trade Organization (WTO) framework, their legitimacy in terms of democratic principles and their impact on developing countries, and their effectiveness in achieving policy objectives.
The book also explores the future of unilateral trade measures in the global trading system. It discusses the role of unilateral trade measures in a changing global economy, the need for cooperative approaches to trade policy, and the reform of the WTO dispute settlement system. The book also considers the role of regional trade agreements and the challenges of balancing national interests with global cooperation.
This book is an essential resource for scholars, policymakers, practitioners, and anyone interested in the future of international trade. It provides a comprehensive understanding of the legality, legitimacy, and effectiveness of unilateral trade measures, offering valuable insights into the challenges and opportunities of the global trading system in the 21st century.
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