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IBUL-MID-TERM-2-Test
IBUL-MID-TERM-2-Test
DATE:
NAME:
1. We support the interpretation of the environmental and health concerns in the WTO
Agreements
2. Facts:
The AoA had 3 main pillars, which contained the reducing of the scope for export subsidies,
new, more restrictive regime for domestic support and improved market access. Initially, the
goal of the WTO Agreement did not include environmental or health concerns, and how it
should be treated. However the improved market access and basically the whole free trade
between countries can be hindered if something bad happens, because the health issues
were not considered while making the trade between countries. (Case: Coronavirus – trade)
3. Arguments / Reasoning
There are 4 main environmentalist critiques of free trade:
1. May result in the unsustainable consumption of natural resources and waste production
2. Trade rules and liberalization often meant market access agreements that can be used to
override environmental regulations
3. Trade restrictions should be available as leverage to promote worldwide environmental
protection
4. Countries with lax environmental standards have a competitive advantage in the global
marketplace
There are several market failures that should be prevented with the interpretation of
environmental and health concerns in the WTO, such as the failure to internalize
environmental costs and the improper valuation of ecosystems.
There are Multilateral Environmental Agreements which have trade measures in vast form.
The product life cycle and producer responsibility laws are permitted under GATT Article III
as long as they apply equally to domestic and foreign producers.
The Eco-Labelling, Carbon taxes and Cap & trade are included in the WTO, but they should
be emphasized more.
Cap & Trade policy received many criticisms regarding it’s effectiveness. The other
alternative is carbon taxes which provides more incentive for countries, corporations, etc. to
reduce their environmental pollution. Cap & Trade can be easily evaded by firms since these
licenses can be purchased from others. (Case: Tuna-Dolphine case, Shrimp / Turtle case)
So in the long run countries should consider to emphasize the environmental and health
concerns more in the WTO agreements to avoid the downfall of their economies due to
health issues such as pandemic, pollution, etc.
4. Conclusion
So the environmental regulations should be interpreted in WTO Agreements, since there is a
high demand in today’s globalized world for the wellbeing of the environment and for better
health conditions.
There are 2 kinds of PTAs: Free trade area and customs union. In the free trade area
members must liberalize trade between themselves, duties and other restrictive regulations
of commerce are eliminated on substantially all the trade between the territories. In the
customs union (which is a common trade policy with WTO members), duties and other
restrictive regulations of commerce are eliminated on substantially all the trade between the
territories; substantially the same duties and other regulations of commerce are applied by
each member against territories not included in the CU.
They do not necessarily exhaust the forms of market integration as the EU experience. So
basically, this is a highly disputed argument in the WTO.
3. Arguments / Reasoning
Size of the problem is smaller than in the past since MFN tariffs have been lowered over the
years.
Countries of the PTAs should find a line between protective and fiscal policies. (e.g.,
environmental protection, labor standards, human rights)
The restrictive regulation of commerce is one of the main reason of this controversy, and it
should mean trade instruments only (=tax). The initial goal of PTAs was the tariff advantage,
nowadays it is to safeguard the value of tariff concessions and not to protect. (Case: Japan vs
Alcoholic beverages. The complainants claimed that spirits exported to Japan were
discriminated against under the Japanese liquor tax system)
It is possible to challenge the consistency of PTAs before WTO adjudicating bodies, but the
acknowledgement of the power of Panel would result in an institutional imbalance across
WTO organs. So my view is, that Members shouldn’t challenge the consistency of PTA’s,
because that would hinder the flourishing of the PTAs.
The absence of multilateral review and absence of litigation have led to tolerance of PTAs.
4. Conclusion
With the restriction of PTAs between Members, this system wouldn’t be able to flourish as it
does in these current conditions, so in my opinion they shouldn’t make any restrictions
regarding the PTAs within the WTO.
UK’S WITHDRAWAL OF THE EU
DATE:
NAME:
1.
2. Facts:
3. Arguments / Reasoning
4. Conclusion
SHOULD TRIPS PROVIDE MORE ASSISTANCE TO DEVELOPING COUNTRIES
AND LDCS?
DATE:
NAME:
1.
2. Facts:
3. Arguments / Reasoning
4. Conclusion