Analysis of Conditional Versus Unconditional Most Favored Nation Status,
Abstract
The object of this study is to examine the nature and implications of conditional vs. unconditional most favored nation approaches to trade and trade policy. The basis and justification for unilateral free trade are reviewed in Section II with a focus on the sources of welfare gains and losses. Complications due to market imperfections and distortions are considered and alternative policies for dealing with them evaluated. Section III then examines the major U.S. grievances concerning trade and the trading system, while Section IV recaps the options available to the United States in terms of unilateral, plurilateral and multilateral approaches. A brief concluding section follows. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1986
- Accession Number
- ADA171667
Entities
People
- Sven W. Arndt
Organizations
- foreign affairs ministry