De facto specificity: Some proposals for change.
Published: 2006
Language: eng
Number of pages: 57
ISBN-13: 9780494212448
Subjects: University of Toronto. -- Faculty of Law -- Dissertations.; Subsidies -- Law and legislation.; Foreign trade regulation.; Free trade.
Description: The de facto Specificity test has been the source of many disputes and controversies because it is fraught with ambiguities leading to agency discretion. This thesis will argue that further clarification is necessary by highlighting some of these ambiguities and the methodologies taking advantage of them. It first looks at the methodologies determining whether an enterprise or industry has received a disproportionately large amount of the subsidy and argues that future methodologies should include a comparison to an external benchmark. Second, it discusses the lack of weight given to the contextual factors of the extent of diversification of economic activities and the length of time the program has been in use and argues that further weight should be given. Finally, it looks at the lack of definition given to "enterprise", "industry" and "group of enterprises or industries" and suggests that classification systems be used to provide standards.
Notes: Source: Masters Abstracts International, Volume: 45-03, page: 1284.

Thesis (LL.M.)--University of Toronto, 2006.

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