<p>The main aim of the research was to determine the viability of retaliation as a trade remedy under the Dispute Settlement Understanding. It was to establish whether retaliation as a remedy is beneficial to the entire WTO membership and system. The specific objectives were: to examine the feasibility of damages as an alternative remedy to retaliation / to determine whether there is a need to revise the Dispute Settlement Understanding, for it to adopt a more development friendly approach to dispute resolution / to make recommendations regarding the improvement of the Dispute Settlement Understanding.</p>

The softwood lumber trade dispute between Canada and the United States has centered on the debate over the existence of a stumpage subsidy in Canada and recently on dumping by the Canadian softwood lumber producers in the U.S. markets. This thesis contains three essays that investigate the subsidy and dumping issues in this dispute. The results of these analyses indicate the economic performance of Ontario’s stumpage system. The first essay investigates the market performance of Ontario’s stumpage system by examining the long-run equilibrium and Granger-causality relationships between the stumpage prices and the market prices of various end products (lumber, pulp and wood composites) from June 1995 to February 2005 using Johansen’s multivariate co-integration approach and the Granger-causality test. Test results indicate that in terms of SPF (spruce, pine, fir) for lumber and pulp, Ontario’s stumpage system can establish stumpage prices that have the potential to reflect the market values of timber. However, there is a need to modify the system for the other products. In the second essay, an Enhanced Parity Bounds Model (EPBM) is developed and used to examine the discrepancy between the stumpage price of SPF timber for producing lumber and its market value from June 1995 to January 2007. The results show that in the short run, the stumpage prices were below or above the market values. However, in the long run, the underpayment and overpayment will even each other out. The results, therefore, imply that Ontario’s stumpage system has the ability to capture the full economic rents in the long run and thus does not confer a subsidy to Ontario’s softwood lumber producers. The third paper examines the issue of whether Ontario’s softwood lumber industry had dumped softwood lumber into a major US market from April 1996 to September 2006 using the EPBM. This is a critical issue for Ontario’s stumpage system because dumping could lead to lower stumpage prices under the current stumpage system. This analysis indicates that the industry gained considerably more profit from the U.S market than from the home market and did not dump lumber in the US market during this period.

The softwood lumber trade dispute between Canada and the United States has centered on the debate over the existence of a stumpage subsidy in Canada and recently on dumping by the Canadian softwood lumber producers in the U.S. markets. This thesis contains three essays that investigate the subsidy and dumping issues in this dispute. The results of these analyses indicate the economic performance of Ontario’s stumpage system. The first essay investigates the market performance of Ontario’s stumpage system by examining the long-run equilibrium and Granger-causality relationships between the stumpage prices and the market prices of various end products (lumber, pulp and wood composites) from June 1995 to February 2005 using Johansen’s multivariate co-integration approach and the Granger-causality test. Test results indicate that in terms of SPF (spruce, pine, fir) for lumber and pulp, Ontario’s stumpage system can establish stumpage prices that have the potential to reflect the market values of timber. However, there is a need to modify the system for the other products. In the second essay, an Enhanced Parity Bounds Model (EPBM) is developed and used to examine the discrepancy between the stumpage price of SPF timber for producing lumber and its market value from June 1995 to January 2007. The results show that in the short run, the stumpage prices were below or above the market values. However, in the long run, the underpayment and overpayment will even each other out. The results, therefore, imply that Ontario’s stumpage system has the ability to capture the full economic rents in the long run and thus does not confer a subsidy to Ontario’s softwood lumber producers. The third paper examines the issue of whether Ontario’s softwood lumber industry had dumped softwood lumber into a major US market from April 1996 to September 2006 using the EPBM. This is a critical issue for Ontario’s stumpage system because dumping could lead to lower stumpage prices under the current stumpage system. This analysis indicates that the industry gained considerably more profit from the U.S market than from the home market and did not dump lumber in the US market during this period.

<p>The main aim of the research was to determine the viability of retaliation as a trade remedy under the Dispute Settlement Understanding. It was to establish whether retaliation as a remedy is beneficial to the entire WTO membership and system. The specific objectives were: to examine the feasibility of damages as an alternative remedy to retaliation / to determine whether there is a need to revise the Dispute Settlement Understanding, for it to adopt a more development friendly approach to dispute resolution / to make recommendations regarding the improvement of the Dispute Settlement Understanding.</p>

Thesis (Ph. D.)--University of California, San Diego, 1997. / Vita. Includes bibliographical references.

Thesis (Ph. D.)--University of California, San Diego, 1997. / Vita. Includes bibliographical references.

Thesis (Ph. D.)--University of Michigan, 2003. / Includes bibliographical references (leaves 338-365).

A review on free trade principle in theory and practice suggests that trade liberalization is merely rhetoric under which industrialized countries can pursue specific interests of certain actors more deceptively. The purpose of this thesis is to testify whether this preliminary result on general trade issues is valid in the textile and clothing sector as well. The reasons for the author to narrow her research scope down to this industry are that: first, textiles and clothing had been subject to consistent trade protectionism for more than thirty years since the discriminatory Multi-Fiber Arrangement (MFA) in 1974; second, the Agreement on Textiles and Clothing (ATC) in 1995 was designed to remove all quota restrictions by 1st January 2005 via a ten-year transitional period; third, the European Union (EU) raised safeguard investigations within four months after the expiry of the agreement, and succeeded in re-introducing quantitative restraints back to this sector. The intense and dramatic Europe-China textile dispute in 2005 started from the completion of quota abolishment, but ended up with quota re-imposition, which inspires the author to ask whether the European Union’s trade liberalization in the textile and clothing sector is rhetoric or reality. The thesis examines the conventional stance of the Union’s textile and clothing policy, the actual fulfillment of the Agreement on Textiles and Clothing (ATC), and the development of the Europe-China trade dispute on in 2005. In order to identify involved interest groups and their demands during the implementation of the agreement and in the dispute shortly afterwards, the thesis also analyzes: first, the interaction between protectionist lobbying groups and national governments at the Union’s level; and second, the divergence on the attitudes towards China’s expansion in the European market among member states.             Comparing the Union’s early promises in the Agreement on Textiles and Clothing (ATC) with its actual behaviors during implementation and in dispute, the author finally concludes that the Union’s trade liberalization in the textile and clothing sector is merely rhetoric under which the European Union (EU) pursues the protectionist interests of its domestic textile and clothing producers and those member states with substantial textile and clothing industry.

The diploma thesis contains a detailed analysis of a trade dispute DS 291 in WTO between the United States of America and the European Union, from its causes to the proceeding and final solution.

The aim of the thesis titled Canada's trade policy is to analyze the current Canadian trade policy including its objectives, trade policy instruments that Canada uses for the implementation of its trade policy and how Canada is trying to contribute to the liberalization on the world trade. The first part of the thesis explains the concept of trade policy, introduces the current economic situation of Canada and analyzes the Canadian foreign trade. The most important chapter is devoted to the autonomous and contractual instruments of the trade policy of Canada. The aim of the last chapter is to show through two examples of Canadian trade disputes at the WTO how the decisions taken in these disputes can affect Canadian trade policy.