A General Theory of Trade and Competition: Trade Liberalisation and Competitive MarketsCameron May, 2007 - 551 pages General Theory of Trade... is the first academic or practitioner text book to establish a general theory of trade and competition and attempts to bring these two disciplines back together. Shanker Singham demonstrates that there is indeed a powerful interface between these two areas and that by understanding this interface practitioners, be they in governments, companies or law and economics firms can succeed in trade negotiations as well as build up support for free trade principles in a time when they are being increasingly challenged. By noting that consumer welfare is enhanced where trade liberalization is accompanied by competitive markets and property rights protection, the author articulates an overall vision in which future policymakers can frame a different kind of trade debate. |
Contents
Foreword | 7 |
Introduction to Institutions Underpinning Global | 51 |
The Role of Consumer Welfare in Competition | 75 |
Trade Policy and Trade Remedies Through the Lens | 121 |
The General Agreement or Tariffs and Trade | 141 |
A Trade | 177 |
StateTrading Enterprises Beginnings of a | 201 |
The Role of Property Rights in Building | 223 |
General Introduction | 333 |
Electricity | 341 |
Financial Services | 397 |
Impact of the New Media Economy | 435 |
Postal Services | 473 |
Distortions in Distribution Sector | 499 |
Some Suggestions | 537 |
About the Author | 551 |
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Common terms and phrases
agreement analysis anti-competitive practices anti-dumping Appellate Body applied areas Article III.4 Bank barriers behaviour benefits cent Chapter commercial Commission companies competition agency competition law competition policy competitive markets competitors compulsory licensing consumer welfare enhancing cost Court cross-subsidisation Dealer Law developing countries distort distributors domestic Dominican Republic drugs economic effects efficiency electricity ensure entrants European European Commission example export financial services firms foreign GATS GATT global impact important increase incumbent industry innovation intellectual property rights investment issue Japan Japan Post lead limited market power market share measure national treatment natural monopoly panel patent misuse patent protection pharmaceutical postal potential price discrimination principle privatisation pro-competitive problem provides quotas regulation regulatory remedy restitution restraints restrictions Robinson-Patman Act sector significant sugar suppliers tariff telecommunications telecoms Telmex trade and competition universal service violation