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Potential implications of a special safeguard mechanism in the world trade organization : the case of wheat (英语)

The special safeguard mechanism both quantity and price based was key in the July 2008 failure to reach agreement in the World Trade Organization (WTO) negotiations under the doha development agenda. A stochastic simulation model of the world wheat market is used to investigate the effects of the special safeguard mechanism. As expected, the quantity-based safeguard is found to reduce imports, raise domestic prices, and boost mean domestic production...
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