The Interactions Between Trade and Competiton Policies
Introduction: Trade and competition policies are among the main supply side economic policies, and thereby the studies analysing their interactions date back to Adam Smith, who devoted a large part of book to the evils of trading monopolies in his famous Wealth of Nations. Hence, there are considerable amount of economic literature on the theoretical and conceptual framework of the relations between trade and competition policies. Beside the conceptual link between trade and competition policy.
The practical connection between international trade and competition policy was addressed by several studies, especially within international organizations, such as Organizations for Economic Co-operation and Development (OECD) or the World Bank. The relationships between trade and competition policies were also discussed at the World Trade Organization (WTO) following the 1996 Ministerial Conference of Singapore. Nevertheless, ‘the interaction between trade and competition policy’ was dropped from the Doha Development Agenda (DDA) negotiations in July 2004 due to objections of developing countries..
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