| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5468 |
| DP5468 A Market Microstructure Analysis of Foreign Exchange Intervention | |
| Paolo Vitale | |
| 发表日期 | 2006-01-20 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | The National Treatment clause (NT) is the first-line defence in the GATT (and in most other trade agreements) against opportunistic exploitation of the inevitable incompleteness of the agreement. This paper examines the role of NT as it applies to internal taxation under the GATT. It is shown that despite severely restricting the freedom to set internal taxes, NT may improve government welfare. But it will not completely solve the incomplete contract problem it is meant to remedy. Furthermore, it requires a high degree of economic sophistication on behalf of trade negotiators in order for this beneficial effect to materialize. |
| 主题 | International Trade and Regional Economics |
| 关键词 | National treatment Non-discrimination Trade agreement Gatt Wto |
| URL | https://cepr.org/publications/dp5468 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534323 |
| 推荐引用方式 GB/T 7714 | Paolo Vitale. DP5468 A Market Microstructure Analysis of Foreign Exchange Intervention. 2006. |
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