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Assessing the EC Trade Policy in Goods

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  • Patrick Messerlin

    (Groupe d'économie mondiale)

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    Abstract

    The EC should position itself as a WTO Member with a long term view of the world trade regime. Assuming responsibility for the future relevance of the world trading system is a sign of leadership. Europe implicitly assumes that future rounds of trade negotiations will follow after a successful Doha Round. Those future rounds will address the unfinished business left by (perhaps) a more modest but a “clean” Doha outcome much more easily than if they inherit a Doha package more ambitious for some products, but riddled with more distortive exceptions on many products. In short, the ECs long term strategy should be to promote a series of WTO Rounds of liberalization as a slow but nonetheless perennial “peeling of the protectionist onion”.

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    File URL: http://spire.sciencespo.fr/hdl:/2441/8230/resources/messerlin-ecipemay2007.pdf
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    Bibliographic Info

    Paper provided by Sciences Po in its series Sciences Po publications with number 01/2007.

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    Date of creation: Apr 2007
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    Handle: RePEc:spo:wpmain:info:hdl:2441/8230

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    Cited by:
    1. Rolf J. Langhammer, 2008. "Why a Marketplace Must Not Discriminate: The Case against a US-EU free Trade Agreement," Kiel Working Papers 1407, Kiel Institute for the World Economy.

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