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The future of dispute resolution in international trade

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  • Ian Sheldon
  • Daniel C. K. Chow

Abstract

Given ongoing dysfunction of the World Trade Organization's Appellate Body, the focus of this article is on the future of trade dispute resolution, with evaluation of two questions: (i) What is the current status of WTO dispute resolution as compared to that conducted through existing preferential trade agreements (PTAs)? and (ii) What are the evolving approaches of the United States and EU to trade policy/trade dispute resolution? The overall conclusion is that, by applying “power‐based” bargaining to a broad range of trade policy issues, the United States is contributing to increased trade policy uncertainty.

Suggested Citation

  • Ian Sheldon & Daniel C. K. Chow, 2025. "The future of dispute resolution in international trade," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 47(4), pages 1336-1356, September.
    • Handle: RePEc:wly:apecpp:v:47:y:2025:i:4:p:1336-1356
    DOI: 10.1002/aepp.13518
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    References listed on IDEAS

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