Trade rules and exchange rate misalignments: in search for a WTO solution
| Autor: | Emerson Fernandes Marçal, Vera Helena Thorstensen, Lucas Pedreira do Couto Ferraz |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2014 |
| Předmět: |
Tariffication
Sociology and Political Science tariffs lcsh:HB71-74 international trade Tariff lcsh:Economics as a science World trade International economics exchange rate WTO International trade law Economics as a science Exchange rate Currency Political Science and International Relations Economics China HB71-74 General Economics Econometrics and Finance IMF |
| Zdroj: | Brazilian Journal of Political Economy, Vol 34, Iss 3, Pp 370-395 (2014) Brazilian Journal of Political Economy, Volume: 34, Issue: 3, Pages: 370-395, Published: SEP 2014 Scopus-Elsevier Brazilian Journal of Political Economy v.34 n.3 2014 Revista de Economia Política EDITORA 34 instacron:EDITORA_34 |
| ISSN: | 1809-4538 |
| Popis: | The debate on the link between trade rules and rules on exchange rates is raising the attention of experts on international trade law and economics. The main purpose of this paper is to analyze the impacts of exchange rate misalignments on tariffs as applied by the WTO - World Trade Organization. It is divided into five sections: the first one explains the methodology used to determine exchange rate misalignments and also presents its results for Brazil, U.S. and China; the second summarizes the methodology applied to calculate the impacts of exchange rate misalignments on the level of tariff protection through an exercise of "misalignment tariffication"; the third examines the effects of exchange rate variations on tariffs and their consequences for the multilateral trading system; the fourth one creates a methodology to estimate exchange rates against a currency of the World and a proposal to deal with persistent and significant misalignments related to trade rules. The conclusions are present in the last section. |
| Databáze: | OpenAIRE |
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