Selected WTO Rules and Some Implications for Fund Policy Advice

March 1, 1996

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper surveys six WTO agreements selected on the basis of their potential relevance for Fund-supported programs, namely Customs Valuation, Subsidies, Safeguards, Antidumping, Trade-Related Investment Measures, and Trade in Services. It offers a critical reading of the rules, and highlights potential issues of concern for the Fund in its policy dialogue with member countries with selected country examples. As some rules have very different implications for various groupings of countries, the paper calls attention to policy consistency in the trade area of these countries, and points out some areas where implementation of the rules might pose problems.

Subject: Antidumping, Countervailing duties, Export subsidies, Exports, Imports, International trade

Keywords: Africa, Antidumping, balance of payments, Countervailing duties, current account, customs duty, debt forgiveness, duty drawback, exchange rate, Export subsidies, export subsidy, Exports, foreign exchange, general obligation, grace period, importing country, Imports, resource allocation, transition country, WP, WTO rule

Pages:
72
Volume:
1996
DOI:
https://doi.org/10.5089/9781451921113.001
Issue:
023
Series:
Working Paper No. 1996/023
Stock No:
WPIEA0231996
ISBN:
9781451921113
ISSN:
1018-5941

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