Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/90689 
Authors: 
Year of Publication: 
1996
Series/Report no.: 
WTO Staff Working Paper No. TISD-96-01
Publisher: 
World Trade Organization (WTO), Geneva
Abstract: 
This paper shows that environmental, labour and other standards can be effective strategic policy instruments even when they are strictly non-discriminatory. This is because standards can be set which the low cost producer optimally chooses not to meet, allowing the high cost producer to monopolize the standardized segment of the market. Thus, it is important for policy to consider how much scope there should be for the imposition of unilaterally determined standards - which could impact negatively on trading partners even when they are non-discriminatory - rather than internationally negotiated standards.
Subjects: 
Standards
Oligopoly
Strategic trade policy
Environment
JEL: 
F12
L13
Document Type: 
Working Paper

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