« Measuring the significance of an FTA partner | Main | Immigration and efficiency »
April 11, 2007
US bows to WTO decision
The Commerce Department has yielded to the WTO's ruling on zeroing in the calculation of anti-dumping duties. Though the United States has shown a tendency to initially resist WTO rulings against it, it usually concedes, albeit after waiting a number of months or losing an additional ruling. This strikes me as (somehwat) promising for building up the WTO's institutional credibility
Posted by Dingel at April 11, 2007 09:52 AM