Another Look at the World Trade Organization

Author: Li Ziye
Publisher:
Publish Date: 2003-02-01
Features: The motivation for writing this book stems from confusion about international trade theory and practice. Therefore, in this chapter, we will comprehensively elaborate on the debate between trade protectionism and trade liberalization from a theoretical perspective, and on this basis, reveal the underlying reasons for the flaws in trade organization agreements. We will also provide theoretical explanations for several widely circulated claims about the World Trade Organization (WTO). After examining the rationale for trade protectionism, we further analyze the flaws in WTO rules. This book is divided into four parts, with the main detailed content including Preface, Collision, Why does the ghost of GATT/WTO protectionism still linger, The rule-makers are the beneficiaries of the rules—behind the U.S. "fair trade," Appendix 1: International Economic Order in the Eyes of Nobel Prize Winners, The Clash Between Freedom and Protection, The Paradox of Ideals and Reality—The "Prisoner's Dilemma" in Trade Policy, Is the WTO Better the Bigger It Gets?, Empty Promises—The Dilemma of Developing Countries, Free Trade: A Theoretical Edifice Built on Sand, Rule Chapter, Understanding the World Trade Organization, WTO Rule Summary—Advantages, Existing Deficiencies, and Necessary Revisions, Tariffs Remain a Barrier, etc.