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The Resource Potential challenges to U.S. farm subsidies in the WTO, Randy Schnepf and Jasper Womach

Potential challenges to U.S. farm subsidies in the WTO, Randy Schnepf and Jasper Womach

Label
Potential challenges to U.S. farm subsidies in the WTO
Title
Potential challenges to U.S. farm subsidies in the WTO
Statement of responsibility
Randy Schnepf and Jasper Womach
Creator
Contributor
Author
Subject
Language
eng
Summary
Prior to its expiration on January 1, 2004, the World Trade Organization's (WTO's) Peace Clause (Article 13 of the Agreement on Agriculture) provided protection from trade remedy consideration and WTO dispute settlement for domestic farm subsidies provided they met certain compliance conditions. Absent the Peace Clause, challenges to U.S. farm subsidies now appear to confront a lower threshold for success, that of establishing "serious prejudice" under Articles 5(c) and 6.3 of the Agreement on Subsidies and Countervailing Measures (SCM). In particular, the criteria for establishing serious prejudice claims include demonstrating (1) the magnitude of a commodity's subsidies either as a share of returns or as an important determinant in covering production costs; (2) the relevance of the subsidized commodity to world markets as a share of either world production or world trade; and (3) a causal relationship between the subsidy and the adverse effect in the relevant market. Evidence of these criteria favors a successful challenge ruling by a WTO panel, as demonstrated by Brazil's successful WTO challenge of the U.S. cotton program.--
Assigning source
Provided by Publisher
Cataloging source
IT-FiEUI
http://library.link/vocab/creatorDate
1954-
http://library.link/vocab/creatorName
Schnepf, Randall Dean
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Womach, Jasper
http://library.link/vocab/subjectName
  • World Trade Organization
  • Agricultural subsidies
  • Agricultural subsidies
  • Agricultural subsidies
  • Agriculture
Label
Potential challenges to U.S. farm subsidies in the WTO, Randy Schnepf and Jasper Womach
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages [95]-99) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb13946419
Dimensions
27 cm.
Extent
viii, 105 pages
Isbn
9781604564204
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)192082709
Label
Potential challenges to U.S. farm subsidies in the WTO, Randy Schnepf and Jasper Womach
Publication
Bibliography note
Includes bibliographical references (pages [95]-99) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb13946419
Dimensions
27 cm.
Extent
viii, 105 pages
Isbn
9781604564204
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)192082709

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