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Fair Trade and Harmonization: V. 2. Legal Analysis
ISBN13: 9780262024020
Investigates the conflict between free trade policies and the domestic environmental, labour, and antitrust policies of individual nations. This text clarifies the issues and offers an economic and legal analysis of the contending positions along with proposals for resolving or reconciling them.
Introduction, Jagdish Bhagwati.
Part 1 Harmonization - General analytical issues: the demands to reduce domestic diversity among trading nations, Jagdish Bhagwati; lying down with procrustes - an analysis of harmonization claims, David W. Leebron; free trade and evolving standards, Alessandra Casella.
Part 2 Environmental standards: trade and the environment - does environmental diversity detract from the case for free trade?, Jagdish Bhagwati and T.N. Srinivasan.
Part 3 Labour standards: international labour standards and trade - a theoretical analysis, Drusilla K. Brown, Alan V. Deardorff, and Robert M. Stern.
Part 4 Tax policy: tax cacophony and the benefits of free trade, Joel Slemrod.
Part 5 Competition policy: trade and competition control, Christopher Bliss; competition policy and international trade, James Levinsohn; dumping - in theory, in policy, and in practice, Richard H. Clarida.
Part 6 Race to the bottom: capital mobility and environmental standards - is there a theoretical basis for a race to the bottom?, John Douglas Wilson; environmental regulations and industry location - international and domestic evidence, Arik Levinson; reflections on the race to the bottom, Alvin K. Klevorick.
Part 7 Japan and Europe - fair trade and harmonization: a short summary of the long history of unfair trade allegations against Japan, Gary R. Saxonhouse; why does Japan resist foreign market-opening pressure?, John McMillan; trade liberalization and the harmonization of social policies - lessons from European integration, Andre Sapir.