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8 - A regulation-based perspective on NPA trade measures

Published online by Cambridge University Press:  05 June 2011

Christiane R. Conrad
Affiliation:
Universität Bremen
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Summary

But more importantly, trade is a means to an end; and the end is raising the standards and conditions of living of all.

Most suggestions relating to linkage of trade and social policies discussed in Chapter 6 above focus on a particular issue area, such as environmental protection or labour rights. It seems, however, that a number of important legal questions or considerations relating to NPA measures are equally relevant for such measures, no matter which public policy objectives they pursue. This chapter develops a more general approach, or rather a perspective, on substantive questions concerning NPA measures.

The starting point is the well-established premise that rather than being an objective in itself, freer international trade is merely the means chosen by WTO members to achieve a number of broader economic and social objectives. Underlying the choice of this tool are the convincing rationales of free markets developed in economic theory. In cases where markets fail totally or in part, however, economic as well as non-economic objectives of the system cannot be reached by the tool of choice, namely, international trade. At this point, alternatives need to come into play in order to allow the system to adhere to its objectives. At the domestic level, a common alternative means by which to achieve economic and non-economic goals is state intervention by regulation, including regulation by means of NPA measures.

Type
Chapter
Information
Processes and Production Methods (PPMs) in WTO Law
Interfacing Trade and Social Goals
, pp. 451 - 484
Publisher: Cambridge University Press
Print publication year: 2011

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