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Measuring WTO's Contributions to Global Economic Welfare

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At a time when political leaders of the member nations are not acting to strengthen the multilateral trading system via the World Trade Organization, it is worthwhile to reflect on the WTO's contributions to global welfare since its inception more than 65 years ago. This volume assembles seminal empirical studies which estimate the past and prospective, national and global economic welfare impacts of GATT/WTO-induced multilateral trade liberalizations. It also touches on the effects of the ...